The Federal Trade Commission, the Department of Justice, and the Consumer Financial Protection Bureau filed a joint amicus brief in the U.S. Supreme Court supporting consumers’ ability to protect their rights under the Fair Debt Collection Practices Act by suing debt collectors. The FTC and CFPB share authority to enforce the Act. The amicus brief […]
Tag Archives: Consumer Protection Credit and Finance Debt Collection
FTC Extends Comment Period for Proposed Policy Statement Clarifying How to Collect Decedents Debts
The Federal Trade Commission is extending the public comment period, until December 1, 2010, on a proposed policy statement clarifying when the FTC will take action under the Fair Debt Collection Practices Act and the FTC Act against companies who contact the relatives of deceased consumers to collect the decedent’s debts. On October 8, 2010, […]
FTC Proposes Policy Statement Clarifying How to Collect Decedents’ Debts
The Federal Trade Commission is seeking public comment on a proposed policy statement clarifying when the FTC will take action under the Fair Debt Collection Practices Act (FDCPA) and the FTC Act against companies trying to collect the debts of deceased consumers. In collecting these debts, the FDCPA generally allows collectors to contact only the […]