When chief financial officers, attorneys and business owners focus on debt collection - both consumer and business debts - their overall concern can be generally summarized in two short sentences: "What can I do legally?" and "Where do I find the answer?" Aspen Publishers' Complete Guide to Credit and Collection Law, 2008 - 2009 Edition is a comprehensive effort to answer these questions. Recent years have produced as many significant changes in the credit and collection industry as Sarbanes-Oxley produced in Wall Street. Five separate and distinct types of legislation have emerged from Congress, all of which will impact not only on the extension of credit, but also on the collection of debts. The New 2008 - 2009 Edition includes extensive coverage of: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 Fair and Accurate Credit Transactions Act of 2003 Class Action Fairness Act of 2005 Check Clearing for the 21st Century Act Servicemember Civil Relief Act of 2003 Only Complete Guide to Credit and Collection Law, 2008 - 2009 Edition will help you raise collection rates and reduce costs, while making certain you always remain in compliance. Updated yearly and packed with useful tips and tools, this thorough guide is recognized as the industry’s most comprehensive reference manual. Complete Guide to Credit and Collection Law, 2008 - 2009 Edition is immediately applicable in real-world situations, providing: Annual updates to keep you apprised of new laws, judicial decisions & hot topics Clear explanations of the key laws that affect credit and collection Easy-to-read summaries/Plain-English explanations Practical credit-risk guidelines–Practice Tips Appendices containing the actual laws, and case excerpts that you need to make informed business decisions, including: 2005 Class Action Amendments, 2005 Bankruptcy Abuse and Prevention Act; 2004 FCRA-FACTA; FDCPA; TILA; ECOA; Regulation Z; Revised Article 9 of the Uniform Commercial Code.