fair debt collection practices act fdcpa

2. Mike is a sole proprietor and he sells used tractors. He has never extended credit in the past 10 years that he has been in business. He now makes a “one-time” exception and sells one tractor to a landscape business for $10,000.00, with 10% down and the remaining payments at 8% simple interest. Two months into the contract, the buyer of the tractor defaults on the loan. Is Mike covered by the requirements of the Fair Debt Collection Practices Act (FDCPA) when he alone takes measures to try and collect the debt?