Collection Recon

AskDoctorDebt.Com Provides Helpful Answers to Consumer Debt Collection Questions

Posted on 07. Mar, 2011 by Collections Recon.

MINNEAPOLIS – ACA International applauds the Federal Trade Commission’s creation of National Consumer Protection Week, March 6-12, 2011, and encourages consumers to visit AskDoctorDebt.com for helpful, free information on debt collection and their rights.

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FTC Commissioner: If Companies Don’t Protect Privacy, We’ll Go To Congress

Posted on 10. Feb, 2011 by Collections Recon.

As the FTC gathers comments on its proposed privacy rules, including a “Do Not Track” proposal, FTC Commissioner Julie Brill told a crowd of privacy researchers and policy wonks gathered at UC Berkeley that her agency was willing to go to Congress if online advertisers and analytics companies don’t clean up their act.

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FTC Settles Complaints Against Credit Report Resellers

Posted on 04. Feb, 2011 by Collections Recon.

The U.S. Federal Trade Commission has approved proposed settlements of complaints against three credit report resellers after the agency accused them of lax cybersecurity practices that led to compromised credit reports.

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FTC Issues Interim Report to Congress on National Study of Credit Report Accuracy

Posted on 13. Jan, 2011 by Collections Recon.

The Federal Trade Commission has issued a fourth interim report to Congress describing progress the agency has made on a national study examining the accuracy of credit reports. Congress directed the FTC to conduct a study of credit report accuracy and provide interim reports every two years, starting in 2004 and continuing through 2012, with a final report in 2014.

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FTC Takes Action Against Sites Promising Gov’t Grants

Posted on 27. Dec, 2010 by Collections Recon.

The U.S. Federal Trade Commission has filed a lawsuit asking a court to stop a “far-reaching” Internet enterprise that allegedly made millions of dollars by luring customers into trial memberships for bogus government grants and money-making schemes, then repeatedly charging them monthly fees for memberships they never ordered.

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At FTC’s Request, Court Shutters International Credit Card Debt Reduction Operation

Posted on 16. Nov, 2010 by Collections Recon.

At the request of the Federal Trade Commission, a federal district court in Chicago has shut down an international robocall ring that allegedly conned consumers out of $995 each with false promises that it would reduce their credit card interest rates, but provided little or nothing in return.

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FTC: Fix ‘broken’ debt collection system

Posted on 15. Jul, 2010 by Collections Recon.

After several years of investigation into credit card and other debt-related disputes, the Federal Trade Commission this week unanimously approved and issued a 118-page report that did not mince words:

“The commission concludes that the current system for resolving consumer debts is broken, because consumers are not adequately protected in either debt collection litigation or arbitration.”

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FTC Issues Report On Reforming Debt Collection Litigation And Arbitration

Posted on 13. Jul, 2010 by Collections Recon.

A new Federal Trade Commission (FTC) report concludes that the system for resolving consumer debt collection disputes is broken, and recommends significant litigation and arbitration reforms to give consumers a fair shake.

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Debt collector complaints on the rise

Posted on 28. Jun, 2010 by Collections Recon.

KUSA – According to the Federal Trade Commission, there is one industry consumers have more problems with than any other, the debt collection industry.

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Accounts Receivables Management Industry Calls On Congress to Keep FTC As Exclusive Regulator

Posted on 19. Mar, 2010 by Collections Recon.

WASHINGTON — The four organizations representing the nation’s accounts receivables management industry are calling on Congress to keep the Federal Trade Commission (FTC) as the exclusive regulator of debt purchasers and collectors. This unprecedented action by these trade groups to come together is a response to proposed legislation that would strip the FTC of its powers and place the industry under a new authority.

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