“Admission of liability” sounds like it’d be a fairly straightforward term, and it is. That being said, sometimes the simplest-sounding legal terms can be the ones that have the most impact, and it’s important to familiarize yourself with these seemingly simple legal terms.
Admission of Liability Simplified
Admission of liability means exactly what it sounds like it means: it’s a statement you make where you take responsibility for something that hurt someone.
For example, imagine a scenario where you get into a car accident and the other driver was at fault. After the accident, the other driver may make an admission of liability and give you money for the pain and suffering caused by the accident.
Admission of Liability and the FDCPA
If you were to file a claim against a third-party collection agency that was harassing you, that company may also choose to make an admission of liability for your pain and suffering. The company may do this because it’s faster and cheaper for the company to handle it this way rather than going to court. However, this could work well for you; that admission of liability makes it possible for you to get the compensation you deserve sooner than if you had gone through an entire case against the collection agency.
Here's a little more information on how the FDCPA protects you from specific actions.
Every case is different, so an experienced FDCPA attorney would be best-equipped to look at your specific case and give you counsel on what you should do next. Your attorney may find that seeking out an admission of liability makes sense, but he or she will also be able to take other paths to success for your case.