Truth in Lending Act (TILA): Federal law that requires clear disclosure of lending terms and costs to protect consumers in credit transactions

Fair Debt Collection Practices Act (FDCPA): Federal law governing debt collection practices and protecting debtors from abusive collection methods

Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in lending based on race, color, religion, national origin, sex, marital status, age, or public assistance status

Uniform Commercial Code (UCC) Article 9: Governs secured transactions and provides rules for creation and enforcement of security interests in personal property

State Usury Laws: State-specific regulations that set maximum legal interest rates and penalties for exceeding these limits

State Contract Laws: State-specific regulations governing contract formation, enforcement, and remedies

State Consumer Protection Laws: State-specific laws designed to protect consumers from unfair or deceptive business practices in lending

State Statute of Limitations: State-specific time limits for bringing legal action to collect on a debt

Contract Law Requirements: Basic elements required for valid contracts including consideration, capacity, mutual assent, and legal purpose

Statute of Frauds: Legal requirement that certain contracts must be in writing to be enforceable

Bankruptcy Code Provisions: Federal laws governing bankruptcy proceedings, including treatment of debts and creditor rights

IRS Regulations: Tax regulations regarding the treatment of interest income and debt forgiveness

Securities Laws: Federal and state regulations that may apply if the debt is securitized or traded as a security