Submission Number: 00087
Received: 11/22/2010 4:18:47 PM
Commenter: Michael Flood
State: District of Columbia
Agency: Federal Trade Commission
Initiative: Statement of Policy Regarding Communications in Connection with Collection of a Decedent’s Debt; Project No. P104806
Attachments: No Attachments
It is ridiculous to think that the FTC, an organizations which is entrusted to protect the consumer would offer more leeway for these predatory companies to collect debt from dead people. We are taking the risk out of loaning money.......that is why the public pays interest on any loan. The predatory practices by these banks and other fraudulent institutions that use the American taxpayer as a reinsurance resource for their mistakes. The FTC should NOT change any of these rules that would allow these companies to go after the dead.....