The Federal Trade Commission Publishes Statements on the Debt Buying Industry Including a List of Banned Debt Collectors

By: Robert J. Nahoum In a blog post, the Federal Trade Commission published important statements about the  debt buying industry and its efforts to self-regulate including a list of 75 debt buyers banned from participating in  the debt collection  industry.  Below is a reprint of the post prepared by Reilly Dolan, the FTC’s  Associate Director, Division of Financial Practices . “Last year the FTC […]