Tag: Debt

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The Federal Trade Commission has approved amending language in its Rules of Practice that applies to the collection of outstanding debts owed under FTC orders and judgments.
Brief of the Federal Trade Commission and the Consumer Financial Protection Bureau stating that the district court erred in dismissing a class action complaint alleging that a collection bureau hired by a private parking lot operator to collect unpaid parking fees violated the Fair...
El jefe de una falsa operación de asistencia para la reducción del endeudamiento aceptó una sentencia de más de $7.9 millones de dólares para resolver los cargos presentados por la Comisión Federal de Comercio (FTC, por su sigla en inglés) que le imputan haber engañado a los consumidores y...
DebtPro defendants banned from debt relief business
Last year the FTC received 280,998 complaints about questionable debt collection practices. We think consumers and responsible members of the industry can agree that number is higher than it should be. The FTC is fighting that battle on three fronts. We’ve brought dozens of cases –...
The Federal Trade Commission is mailing 10,387 checks totaling more than $969,000 to consumers who lost money to a credit card interest rate reduction scam.
As the name suggests, Green Tree Servicing was supposed to service homeowners’ mortgages by collecting and crediting monthly payments. But according to a $63 million settlement announced by the FTC and CFPB, rather than service, Green Tree gave many homeowners the business.
The Federal Trade Commission and the Colorado Attorney General’s Office will host the Colorado Common Ground Conference: Working Together to Protect Colorado Consumers. The conference will be on Friday, April 24, from 9:00 a.m. to 5:00 p.m. in the Ralph L. Carr Colorado Judicial...
“What’s so funny ‘bout peace, love, and understanding?” Elvis Costello asked that musical question back in the day. The Memorandum of Understanding between the FTC and CFPB – which the two agencies just reauthorized for a three-year period – shows that when it comes to protecting...
The Federal Trade Commission brought together local, state, and federal agencies, along with legal services attorneys and other consumer advocates for a full-day meeting. The morning was a closed meeting for law enforcement partners serving Michigan; the afternoon was a public...
Two new defendants have been named in a Federal Trade Commission case against a phony debt relief and credit repair scheme that allegedly deceived consumers about non-existent federal programs to pay off their bills and fix poor credit.
Over the past year, the Federal Trade Commission has continued its vigorous work on behalf of U.S. consumers suffering from unlawful debt collection practices, including bringing law enforcement actions against abusive and fraudulent operations, conducting education and public outreach initiatives...
If you’ve been following the FTC’s 50+ data security settlements, you know there are some places it’s not wise to leave sensitive information laying around – for example, in a dumpster behind a drugstore, in the trash near a payday loan company, or in an employee’s backpack.
At the request of the Federal Trade Commission, a federal court has ordered two debt sellers that posted the sensitive personal information of more than 70,000 consumers online to notify the consumers and explain how they can protect themselves against identity theft and other fraud in light of...

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