§ 17-24-511. Furnishing certain deceptive forms
(a) It is unlawful to design, compile, and furnish a form knowing that the form would be used to create the false belief in a consumer that a person other than the creditor of the consumer is participating in the collection of or in an attempt to collect a debt the consumer allegedly owes the […]
§ 17-24-512. Civil liability
(a) Except as otherwise provided by this section, a debt collector who fails to comply with this subchapter with respect to a person is liable to the person in an amount equal to the sum of: (1) An actual damage sustained by the person as a result of the failure; (2) In the case of: […]
§ 17-24-506. False or misleading representations
(a) A debt collector may not use a false, deceptive, or misleading representation or means in connection with the collection of a debt. (b) Without limiting the general application of subsection (a) of this section, the following conduct is a violation of this section: (1) The false representation or implication that the debt collector is […]
§ 17-24-507. Unfair practices
(a) A debt collector may not use unfair or unconscionable means to collect or attempt to collect a debt. (b) Without limiting the general application of subsection (a) of this section, the following actions of a debt collector violate this section: (1) The collection of an amount, including interest, a fee, a charge, or an […]
§ 17-24-508. Validation of debts
(a) At the time of the initial communication or within five (5) days after the initial communication with a consumer in connection with the collection of a debt, unless the consumer has paid the debt, a debt collector shall send the consumer a written notice containing: (1) The amount of the debt; (2) The name […]
§ 17-24-509. Multiple debts
If a consumer owes multiple debts and makes a single payment to a debt collector with respect to the debts, the debt collector may not apply the payment to a debt that is disputed by the consumer and, if applicable, shall apply the payment in accordance with the consumer’s directions.
§ 17-24-510. Legal actions by debt collectors
(a) A debt collector who brings a legal action on a debt against a consumer shall: (1) For an action to enforce an interest in real property securing the consumer’s obligation, bring the action in the county where all or part of the real property is located; or (2) For an action not described in […]
§ 17-24-309. Collection charges — Limits
(a) No collection agency mentioned in § 17-24-101 shall charge as a collection charge or fee an amount in excess of fifty percent (50%) of the total amount actually collected on all accounts for any one (1) client, nor more than fifty percent (50%) of the total amount actually collected on any one (1) account, […]
§ 17-24-310. Annual notice to client of accounting requirement
(a) Each collection agency required to be licensed under this chapter shall, annually, within the month of April, give written notice to each client for whom it is collecting or attempting to collect that collection agencies licensed by the State of Arkansas are required by law to remit collected funds to the clients within the […]
§ 17-24-401. “Long arm” jurisdiction
Any nonresident person, partnership, association, or any foreign corporation not authorized to do business in this state whose sole business contact with this state is the soliciting of accounts in this state by mail, telephone, telegraph, or by other like means originating outside this state, or the taking or accepting for collection of any account […]