Fair Debt Collection Practices Act | How the FDCPA regulates debt collectors including prohibited conduct. The FDCPA prohibits abusive practices by debt collectors. There are legal implications throughout and you should consult an attorney for all legal matters. We do NOT give legal advise on this podcast. The Fair Debt Collection Practices Act has a stated purpose: to eliminate abusive practices in the collection of consumer debts, to promote fair debt collection, and to provide consumers with an avenue for disputing and obtaining validation of debt information in order to ensure the informations accuracy.