Tag: Debt

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Issuance of Commission advisory opinion: The Commission has issued an advisory opinion stating that the Fair Debt Collection Practices Act does not prohibit a debt collector in the foreclosure context from communicating with consumers regarding possible settlement options that may assist consumers...
In November 2018, a federal district court in Maryland issued an order temporarily shutting down the largest overseas real estate investment scam the FTC has ever targeted. According to the FTC, the scam was established by Andris Pukke, a recidivist scammer currently living in...
The Federal Trade Commission today filed a complaint in federal court charging Associates First Capital Corporation and Associates Corporation of North America (collectively, The Associates) with systematic and widespread abusive lending practices, commonly known as "predatory lending." The FTC...
Following an investigation coordinated with the British Columbia Ministry of Attorney General, the Federal Bureau of Investigation ("FBI") and the Royal Canadian Mounted Police ("RCMP"), the Federal Trade Commission today announced it has filed a civil complaint against the purveyors of a well-...
A new policy hammered out by the National Foundation for Consumer Credit (NFCC) with guidance from staff of the Federal Trade Commission will ensure that financially-troubled consumers who seek help from one of NFCC’s 1,100 Consumer Credit Counseling Services offices nationwide will be told that...

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