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The article discusses a right of rescission in America under the nation's Truth in Lending Act (TILA) which was passed by the U.S. Congress in 1968, and it mentions issues related to the provision of clear and conspicuous notice and electing not to rescind a transaction. Creditors' disclosure obligations are addressed, along with the 1998 U.S. Supreme Court case Beach v. Ocwen Federal Bank which deals with consumer rights and recoupment. Timing and American loan laws are also examined.

The article discusses Fair Debt Collection Practices Act (FDCPA) enacted by the U.S. Congress to eliminate abusive practices in collection of consumer debts and to promote fair debt collection. It highlights provisions of the Act that has received significant judicial attention including a provision which forbids a debt collector from using any false or misleading representation in relation with the collection of debts. It analyzes several legal cases and the approaches used by courts in them.

The article examines the validation section of the Fair Debt Collection Practices Act (FDCPA) of 1977 in the U.S. The author explains that the validation section is the provisions that is calculated to ensure that consumers are aware of the rights to dispute debt within 30 days after the debt collector's notice is received. He mentions that the dispute mechanism help the consumers to seek verification from debt collector to consumer's benefits.