Civil Court Records
Criminal Court Records
Agency Laws & Licensing Requirements
Before conducting collection business
in the State of Louisiana a collection agency must comply with licensing
requirements which are set forth in the Louisiana Collection Agency Regulation
Act. (R.S. 9:3576.1 et. seq.) The State of Louisiana generally adopts the
Federal Fair Debt Collection Practices Act as a standard for allowable 3rd
party debt collection practices.
An applicant must be 18 years of age
and of good character and reputation to be eligible for a collection agency
license. To be approved the applicant must have never been convicted of any
crime which may impose a penalty of imprisonment at hard labor, and have
not had a prior collection agency license revoked.
A surety bond in the sum of $10,000
is required, and a license fee.
information and an application may be obtained from:
Office of Financial Institutions State
P. O. Box 94095 Baton Rouge Louisiana 70804-9095
P8660 United Plaza Blvd. Baton Rouge Louisiana 70809-7024
Tel: (225) 925-4660 Fax: (225) 925-4548 Email:
Of All Louisiana Licensed Collection Agencies
Filing a complaint outside the Baton
Rouge area but within Louisiana, call toll free 1-888-525-9414.
In the Baton Rouge area, call 922-2591 Email:
Online Complaint Form
Is Available In Acrobat Reader PDF format
XVIII Of The Collection Agency Regulation Act Is Available In Acrobat
Reader PDF format
Bad Check Laws: After 30 day written
demand (certified or registered). Double Damages allowed 2 times
the amount of the check. Seek Attorney Fees and Court Costs when
Louisiana Check Cashing
Law Is Available In Acrobat Reader PDF format
Bad Check Laws and Information
Laws The Constitution, Codes, and Revised Statutes Searchable &
Listing Of All Louisiana Banks:
Of Louisiana Banks With Web Sites
Listing Of All Louisiana Credit
Listing Of All Louisiana
Of All Louisiana Check Cashers
Listing Of All Louisiana Active Licensed
Of All Louisiana Authorized Credit Repair Businesses
Listing Of All Louisiana Active Consumer
Credit Sales Type Businesses:
Of All Louisiana Licensed Pawnbrokers
Listing Of All Louisiana Active Mortgage
Acting Residential Lenders:
CONSUMER CREDIT LAW
Clerks of Court For The whole State
of All Boards & Commissions
of Bankruptcy Courts and Exemption Information
Rate(s): Legal 6.73% - Judgment
Debt Collection Statute
Open Accounts: 3 years (C.C.
Action on negotiable instruments & on promissory notes: 5 years
Written Contract: 10 years
Domestic Judgment: 10 years
Foreign Judgment: 10 years
Other personal actions not otherwise enumerated by statute:
10 years (C. C. 3497.1)
Exempts 75% of disposable earnings per work week, from Garnishment or an
amount equal to not less than 30 times federal minimum hourly wage, whichever
Agency Bond is
and registration to solicit or collect. Exemption for out of state
collectors (license is required only if a collection agency has a client
located in Louisiana or is licensed as a foreign corporation to do
business in louisiana).
More Debt Collection Related Laws &
LOUISIANA ATTORNEY GENERAL
& DEBT COLLECTORS
General Office Helps Consumers With Debt Collection Violations In Many
Attorney General Consumer Complaint Form
State Attorney Bar Locate an Attorney who practices in Louisiana, State
laws, and Links
Louisiana Collection Agencies Must Follow the
Federal Fair Debt Collection Practices
The Federal Debt Collection Law is enforced by
The Federal Trade Commission
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 name)
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
More Credit and Collection
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.
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List Of All The Laws Relating To These Subjects. The information provided
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