Q. Can a collection agency file a 1099-C on a debt that the statute of limitations has ran out on? Any help would be appreciated – they’ve been calling, and threatening to file. A. Your question brings up two points a) can a collection agency continue collection efforts after the statute of limitations has run [...]
Entries Tagged as 'FTC'
Debt Past Statute of Limitations and Collection Threatens to Issue 1099-C
December 27th, 2011 · No Comments · Collection Agencies
Tags: 1099-C·collection agency·Debt Settlement·FDCPA·FTC·IRS·State Attorney General·Statute of limitations
FTC Not Acting on Individual Consumer Complaints. Where Should I Report Shady Collection Agency Practices?
October 25th, 2011 · No Comments · Consumer Info
Q. We have nowhere to complain about debt buyers/collection agencies now? I just submitted a long complaint to the FTC and they sent me an email telling me that they were shipping it off to “Consumer Sentinel”. This place is accessible ONLY to law enforcement agencies, who have nothing to do with civil matters. I [...]
Tags: collection agency·consumer complaint·Consumer Sentinel·FTC·State Attorney General·state consumer complaint division
Obama Wants Debt Collectors to Robo-Call Cell Phones for Fed Funds
October 5th, 2011 · 4 Comments · Student Loans
If you owe on a student loan or other government debt, President Obama wants to allow debt collectors to robo-call your cell phone in their collection efforts of federal funds.
Tags: Cell Phones·debt collectors·FTC·Obama·robo-calls·Student Loans
How the FTC Protects Consumers From Debt Collection Violations [RESOURCE]
April 14th, 2011 · No Comments · Debt Collection
How does the FTC protect consumers from debt collection violations? The answers are outlined in the FTC’s 33rd annual report on the Fair Debt Collection Practices Act (FDCPA) – a long report that I’ve broken down into three blog posts.
Tags: CFPB·Consumer Financial Protection Bureau·debt·Debt Collection·debt collection violations·Fair Debt Collection Practices Act·FDCPA·Federal Trade Commission·FTC
