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FTC proposes changes to debt collection laws

February 28th, 2009
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The Federal Trade Commission (FTC) this week recommended that debt collection laws, such as the Fair Debt Collection Practices Act (FDCPA), be overhauled and modernized to provide for more efficient disclosures, access to better information, and greater consumer protection. I am sure that creditors, debt collectors, and their attorneys will be in opposition to these proposed changes by the FTC.

A link to the article regarding the FTC proposals is provided below.

http://www.ftc.gov/opa/2009/02/fdcpa.shtm

Administrator Consumer Law, Debt Collection Practices, Recent Developments in Consumer Laws

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