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There's "Life of Pi" and "Life of Brian," Boswell’s “Life of Samuel Johnson,” the sitcom “Life of Riley,” and the Beatles’ ground-breaking “A Day in the Life.”   We view Life of a Debt: Data Integrity in Debt Collection, a roundtable hosted by the FTC and the Consumer Financial Protection Bureau (CFPB), as pretty ground-breaking, too.  And the topic — the flow of consumer data through the debt collection process — should attract the interest of your clients in the financial field.

The agencies just released the agenda for the Thursday, June 6, 2013, event.   FTC Commissioner Julie Brill and CFPB Acting Deputy Director Steven Antonakes will set the stage with opening remarks at 9:00.   After that, speakers will help frame the issues with presentations on the life cycle of a debt, how information flows through the collection process, a review of the FTC’s recent study on the debt buying industry, and a follow-up on changes to the law since the FTC issued its 2010 report, Repairing a Broken System.

Also up for discussion:  just what info is available to debt collectors at the time of assignment or sale, verifying disputed debts under the Fair Debt Collection Practices Act and investigating them under the Fair Credit Reporting Act, debt collection litigation, and time-barred debts.

Registration for Life of a Debt begins at 8:00 at the FTC’s Conference Center at 601 New Jersey Avenue, N.W., in Washington, DC — or watch the webcast live.  Follow @FTC and the hashtag #DebtData for more on the roundtable.

(By the way, there's been a ton of interest in this event, so we can't guarantee seating if you haven't RSVPed.  But if you'd still like to attend, we'll do our best to accommodate as many people in the conference center as possible.  Other options:  an overflow room with a live video feed at FTC headquarters, 600 Pennsylvania Avenue, N.W., and the webcast, of course.)



I am not sure what this means but I hope you are saying there will be new and FAIR rules for debt collectors to limit their number of calls, the information they are allowed access to, and the overall behavior of the collection agencies will now change. I have been harassed unmercifully by two Collection agencies, one was completely wrong with their information and it took.forever to correct this with credit reporting agencies. I am not certain all three have even been corrected but one of them has and my credit score junped up a whopping 112 points because of this error, but they refuse to remove it for 7 years. This was NOT MY ERROR but that of irresponsible people who have a horrifying reputation for harassing people. The other has yet to be resolved. I need help. My credit rating should be very high, but because of unscrupulous practices, they have not only embarrassed me but have caused me lost sleep and unwarranted worry.
I hope you will cover fair credit reporting act, harassment in collection of debt , sending bailiffs, threat of eviction, dangers to life and all forms of threats and structured visit to embarrass and coerce. My credit rating was manufactured to justify these actions. Robocalls only stopped when the instigator cut the telephone off. I will touch on other abuses that you can look into in a complaint form so that the source of these actions can be firmly established.

I don't see how a Debt collection can purchase / pay for an indivduels credit report or any other thing that is PRIVATE information, The FOI/Privacy act divison Prohibits disclosure of name, securty number without the consent of the individual, i have never been ask for my consent to let anyone have my private information. look like those people who sell and buy that information would get into it for doing that, I would not agree,

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