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City of El Passion Servicing and Collections ManualCommunity + Human Development EFFECTIVE October 15, 2019Table of Contents Introduction 3 1.0 Loan Servicing & Management Process 4 1.1 Loan SetUp
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Debt collection rules are governed by federal and state laws that regulate the practices of debt collectors.
Debt collectors are required to follow debt collection rules.
Debt collection rules can be filled out by ensuring compliance with all relevant laws and regulations.
The purpose of debt collection rules is to protect consumers from abusive debt collection practices.
Debt collection rules must include details of the debt, the creditor, and information on the debtor.
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