Intended for CFOs and attorneys, this dense guide explains instruments for extending credit and legal procedures for collecting money from a business or consumer debtor. The 19 chapters discuss the bankruptcy statute, the legal consequences of checks and notes, secured lending, repossession of property, the Fair Debt Collection Practices Act, truth in lending, and e-commerce technology. The 2005 edition incorporates the Bankruptcy Abuse Prevention and Consumer Protection Act, Fair and Accurate Credit Transactions Act, and Class Action Fairness Act of 2005. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)
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This text gives advice to help credit managers steer clear of litigation, and serves as a guide through the ever-changing maze of credit and collection law. It provides coverage of all aspects of the Debt Collection Practices Act, Truth in Lending Act and other relevant legislation. It also contains explanations of legal terminology, guidelines, procedures, tactics and examples.
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