CLLA Update-FTC Release Debt Collection Report
Sharon Edmondson, Washington Legislative Team Member | February 10, 2015
The FTC has released its annual summary of recent work on debt collection issues. According to the summary, the FTC’s work over the past year has focused on: (1) egregious debt collection practices, including “phantom debt collection”; (2) security of consumer data in the buying and selling of debts; and (3) protection of limited-English-proficiency consumers from illegal debt collection practices.
The full report is posted at http://www.ftc.gov/system/files/documents/reports/federal-trade-commission-enforcement-fair-debt-collection-practices-act-report-consumer-financial/150209cfpbreport.pdf?utm_source=govdelivery