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Consumer Rights Regarding Debt Collection - How New Consumer Protection Laws Apply to You

Do you know your consumer rights regarding debt collection? Well, it is time that you must learn about your rights. The Federal govt. has introduced the new consumer protection laws which apply to you in case you are burdened with huge credit dues. After America was hit by recession, scores of people lost their jobs and they failed to repay their debts. It is because of this fact that they started filing for bankruptcy. As the number of bankruptcy filings increased steadily, the economy suffered as a whole.

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