February 5, 2012

If The Paperwork Is Wrong, It’s Not Enforceable

Creditors must comply with laws when collecting debts

In this recession, it is no surprise that the Federal Trade Commission -- which has primary enforcement responsibility as to the Fair Debt Collection Practices Act -- reports an absolute increase in the number of complaints by consumers about third-party debt collectors' practices. An April 21, 2010 slip opinion by the United States Supreme Court in the matter of Jerman v. Carlisle, McNellie, … [Read more...]