Which of the following is a possible consequence of failing to comply with debt collection laws?

Failing to comply with debt collection laws can lead to legal penalties and damages because these laws are established to protect consumers from abusive practices. If a collection agency violates these regulations, they may face lawsuits from consumers or regulatory bodies. The consequences can include monetary penalties, required restitution to affected consumers, or even loss of licensure to operate as a collector. This emphasizes the importance of adhering to all legal requirements in the debt collection process to avoid severe repercussions for both individuals and businesses involved in collection efforts.