Copies of the FDCPA to consumers?

This is starting to get crazy.

I just read the article on InsideARM.com: NJ Bill Would Require Collectors to Send Copies of FDCPA to Consumers.

Is this for real, or is it another one of those bad dreams?

When I put the FDCPA into Word and move the columns to 0.5, it still comes out to 22 pages (can get it to 11 double sided).

To push this additional cost (paper and extra postage) onto the shoulders of the collection agencies is absurd, especially given the fact that a majority of collection notices are never opened in the first place. This could be a HUGE cost to the agencies, which they’ll perhaps have to pass back on to the creditor through higher fees, which the creditor will then have to pass back on to the good paying customers through increased prices.

Is this the best we got? Somebody, please tell me I’m dreaming and that I’ve overlooked something here.

Gary Jensen editor