Search Collection Agencies in Montana

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List of collection agencies in Montana
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• • Collection Bureau Services Inc (CBS) : Missoula
  • NorthWest Collectors : Missoula
  • CB1 Collections : Missoula
  • Centron Services : Helena
  • Credit Associates Inc : Great Falls
  • Credit Bureau of Havre : Havre
  • ABC Collectors Inc : Kalispell
  • CBK Services Inc : Kalispell
  • Main Street Business Services Inc (MSBS) : Miles City

Debt Collection Laws in Montana

1. Fair Debt Collection Practices Act (FDCPA): Like all states, Montana is governed by the federal FDCPA. This law restricts the behavior and actions of third-party debt collectors and prohibits them from using abusive, unfair, or deceptive practices to collect debts from consumers.
2. Montana Fair Debt Collection Practices Act (MFDCPA): In addition to the federal FDCPA, Montana has its own Fair Debt Collection Practices Act. The MFDCPA is similar to the federal FDCPA but may offer additional protections to consumers. For example, the MFDCPA requires debt collectors to be licensed in Montana.
3. Licensing and Bonding: Debt collection agencies operating in Montana must be licensed and bonded. The licensing requirements are meant to ensure that collectors adhere to state laws.
4. Statute of Limitations: Montana has a statute of limitations that limits the time within which a creditor or collection agency can sue a debtor to collect a debt. The statute of limitations for written contracts in Montana is generally eight years, and five years for open accounts (such as credit cards).
5. Garnishment: If a creditor obtains a court judgment against a debtor, they may be able to garnish the debtor’s wages or bank accounts. There are federal and state limits on how much can be garnished.
6. Exemptions: Montana law provides exemptions for certain types of property, which means that they cannot be seized by creditors to satisfy a debt.
7. Communication Restrictions: Similar to the FDCPA, Montana law places restrictions on when and how often a debt collector can contact a debtor. Debt collectors must also respect a consumer’s written request to cease communication.
8. Debt Validation: Under both federal and state law, consumers have the right to request validation of the debt. This means that the debt collector must provide proof that the consumer owes the debt and that the amount is accurate.
9. Harassment and Misrepresentation: Under the FDCPA and MFDCPA, debt collectors are prohibited from using harassment, oppression, or abuse in connection with the collection of a debt. Additionally, they cannot use false, deceptive, or misleading representations to collect a debt.
10. Penalties for Violations: If a debt collector violates the federal FDCPA or Montana’s debt collection laws, consumers may have the right to sue the collector for damages.

It’s important to stay updated with the most recent changes in laws and regulations. Therefore, consulting an attorney who specializes in debt collection laws in Montana or reviewing the most recent legal sources is recommended for the most accurate information.

Medical collection, B2B recovery and small business invoice collections require all documentation regarding the debt to be readily available

Billings, Missoula, Great Falls, Bozeman, Butte, Helena, Kalispell and Belgrade, are some of the prominent cities in MT where most of the collection activity happens.