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Entries Tagged as 'debt collectors'

Does Complaining to the FTC About Debt Collectors Actually Do Any Good?

April 6th, 2011 · No Comments · Debt Collection

While on the surface three law enforcement actions in the course of 12 months doesn’t sound like much, the collective power of our complaints gives the FTC the ammunition it needs to go after the biggest offenders.

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FTC Reports Increase in Complaints About Debt Collectors

March 24th, 2011 · No Comments · Debt Collection

according to its 33rd annual report on the Fair Debt Collection Practices Act (FDCPA), the FTC received 140,036 such complaints in 2010, compared to 119,609 in 2009.

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FTC Annual Report to Congress Shows Debt Collection Violations Up

April 13th, 2010 · 2 Comments · Debt Collection

On April 2, 2010, the Federal Trade Commission (FTC) released its 2010 annual report on the number of complaints against debt collectors. All of the complaints, if proven to be true, would be violations of the Fair Debt Collection Practices Act (FDCPA) by debt collectors. The FDCPA prohibits deceptive, unfair, and abusive practices by third-party [...]

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Pay Garnishments Increase in U.S.

April 2nd, 2010 · 1 Comment · I'm being sued!

It used to be a rare occasion when a consumer was sued on a defaulted debt. Not any more. I’ve recently seen an article in the New York Times about the uptick in debtor lawsuits as a collection method and resulting garnishments. This seems to match what I’ve been hearing from my readers. Most people [...]

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