Civil Court Records
Criminal Court Records
Agency Laws & Licensing Requirements
Consumer Collection Agency are licensed
and governed under Section
et seq. of the
Statutes. Anyone desiring to
act within the State of Connecticut as a consumer collection agency must
make written application to the commissioner of the Department of Banking
for a license in the form the commissioner prescribes.
The application shall be accompanied
1. A financial statement prepared by
a certified public accountant or a public accountant, the accuracy of which
is sworn to under oath before a notary public by the proprietor, a general
partner or a corporate officer duly authorized to execute such documents,
2. A license fee of four hundred dollars
3. An investigation fee of one hundred
dollars. A bond in the penal sum of $5,000.00 is also required. Detailed
information and the required application and other forms may be obtained
State of Connecticut
260 Constitution Plaza
Hartford, CT 06103
Phone: (860) 240-8200 Toll-free 1-800-831-7225 Fax: (860) 240-8178
The Consumer Credit Division Also Regulates
Creditors (Chapter 669, Part I - Creditors' Collection Practices The regulate
the collection practices of creditors in the same way that the Federal Fair
Debt Collection Practices Act regulates the collection practices of collection
The State of Connecticut has a
web site listing all Collection Agencies Licensed there in alphabetical order:
to Search, go to the following Web Site:
Consumer Collection Agencies Licensed in
The Banking Commissioner is charged
with administering the state's banking and credit union laws and laws regarding
securities, tender offers and business opportunities. The Commissioner also
administers the Truth-in-Lending Act and other consumer credit laws and a
major portion of the law concerning rental security deposits.
Department of Banking John
P. Burke, Banking Commissioner
Consumer Credit Division
Attention: William Nahas,
More Debt Collection
Related Laws & Information:
Collection Agency Complaint
General Office Helps
Consumers With Debt Collection Violations In Many Cases
Attorney General Credit Bureau Reporting Information
Attorney Bar Locate
an Attorney who practices in Connecticut, State laws, and Links
Rate(s): Legal 8% Judgment
Debt Collection Statute
Open Acct. 6Years - Written Contract 6 Years - Oral Contract 3 Years - Domestic
Judgments 20/25 Years - Small Claims Judgment 20 Years - Foreign Judgments
Bad Check Laws &
Civil Penalty: Personal
liability of signatory on Corporate Claims unless signed in Corporate Capacity.
See Lawdog Bad Check
Damages For Forgery.
of drawer of Dishonerd Check.
25% and you may Garnish Disposable Earnings each week, or 40% times the Federal
Minimum Hourly Wage, whichever is less.
Connecticut Collection Agencies Must Follow the
Federal Fair Debt Collection Practices
The Federal Debt Collection Law is enforced by
The Federal Trade
$5,000. There are some regulations to Solicit Business
Names. Agency name
can't contain "bonded". Mini-Miranda required in all communications. No contact
at Place Of Employment without consumer consent. Account records required.
Law prohibits creditor use of unlicensed agency.
Other Credit and Collection
The major laws
that govern financial institutions and protect individuals in their financial
Consumer Credit Protection
Act It is the purpose of this
title to assure a meaningful disclosure of credit terms so that the consumer
will be able to compare more readily the various credit terms available to
him and avoid the uninformed use of credit, and to protect the consumer against
inaccurate and unfair credit billing and credit card practices.
Truth in Lending
Act Consumer Credit Costs
Disclosures, requires a lender to tell you how much it will cost to borrow
money so that you can compare the terms of credit offered by different lenders.
Fair Credit and Charge Card Disclosure
Act requires a lender offering
you a credit card to tell you the annual percentage rate (APR), the amount
of any annual fee, and whether you have a grace period to pay your bill before
a finance charge is added.
Fair Credit Reporting
Act controls how your credit
history (how you pay your bills) is kept by credit bureaus and used by lenders.
Equal Credit Opportunity
Act prohibits lenders
from discriminating against you in a credit transaction on the basis of certain
personal characteristics such as race, color, religion, national origin,
sex, marital status, age, because you receive public assistance or because
youve exercised your rights under the Consumer Credit Protection Act.
Fair Debt Collection Practices
Act lays out the rules a debt
collector must follow when trying to collect a debt from a consumer.
Home Equity Loan Consumer Protection
Act requires a lender to give
you complete information about the home equity loan plan it offersfirst
when you receive an application and again before you first use the line of
The Home Ownership and Equity Protection
Act requires disclosures and
imposes substantive limitations on mortgage transactions having rates or
fees above a certain percentage or amount. It also requires disclosures about
the potential costs for reverse mortgages.
Fair Housing Act
prohibits lenders from
discriminating against you in real estate mortgage or home improvement loans
on the basis of race, color, religion, national origin, sex, familial status,
Real Estate Settlement Procedures
Act states that lenders must
give purchasers information about the costs required to close a mortgage
loan. It also protects consumers from unnecessarily high real estate settlement
costs by prohibiting certain business practices. This applies when you take
out or refinance a loan secured by real estate such as a mortgage loan or
a home equity loan.
Fair Credit Billing
Act requires that a lender
promptly correct a mistake on your credit card bill.
Funds Availability Act limits
how long a bank may delay your use of the funds you deposit in an account.
Truth in Savings Act requires lenders
to disclose the terms of their deposit accounts in a uniform way.
Fund Transfer Act limits an
individuals liability if their ATM card is lost or stolen and calls
for investigation and correction of errors made to your account.
Leasing Act requires the costs
and the terms of a consumer lease, such as a lease for a car or for furniture,
be outlined to you so that you can compare the cost of leasing.
Credit and Collection
of the Currency
Office of the Ombudsman
Customer Assistance Unit
1301 McKinney Street
Houston, TX 77010
1 (800) 613-6743
(regulates banks with national in the name or N.A. after the
Compliance and Consumer Affairs
550 17th Street, N.W.
Washington, DC 20429
(202) 942-3100 or 1 (800) 934-3342
(regulates state chartered banks that are not members of the
Federal Reserve System)
of Thrift Supervision
1700 G Street, N.W.
Washington, DC 20552
(202) 906-6237 or 1 (800) 842-6929
(regulates federal savings and loans and federal savings banks)
Office of Public and Congressional Affairs
1775 Duke Street
Alexandria, VA 22314-3428
(regulates federally chartered credit unions)
Consumer Response Center
6th and Pennsylvania, N.W.
Washington, DC 20580
877-FTC-HELP toll free (877-382-4357)
(regulates finance companies, stores, auto dealers, mortgage
companies, and credit
More Credit and Collection
Links For Alabama
State Credit and Collection
Laws Laws about, Autos,
Checks, Credit, Courts, Judgments, Secured Debts, UCC, Credit Terms and Use,
Bankruptcy Courts, Collections and State Agencies/Organizations.
Open Directory Project Links
Search Consumer Rights & Protections
THIS IS FOR MY
PERSONAL INFORMATIONAL PURPOSES ONLY. The information here may not be complete
and it is not to be construed as legal advise or opinion. This Is Not A Complete
List Of All The Laws Relating To These Subjects. The information provided
is not to be considered legal advice, Always discuss matters relating to
such and seek advise from your legal advisor or a legal professional. We
do not Guarantee or Warranty any information contained in and/or linked to
any of our web sites, and we assume no responsibility for the use of such.
Please let us know of any incorrect information right away so we can investigate
and correct any errors.