FTC Calls for Tougher Rules on Debt Collection Lawsuits

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A new Federal Trade Commission report concludes that the system for resolving consumer debt collection disputes is broken, and recommends significant litigation and arbitration reforms to improve efficiency and fairness to consumers.
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  • 0
    cletus replies to Will G
    You are right Will G I reasearched cases in my state also and from time to time looked in on various cases and sadly the default judgment rate is very high when dealing with 3rd party debt collection.
    I hope folks would understand that if you are served by the COURT.. It is in your best intrest to APPEAR
    You have nothing to lose and if you have a good consumer lawyer as representation you more than
    likely have the issue closed.
  • 0
    Willy replies to wow
    Now here this, When a credit card co. desides to rase intrest for no reason to 20 percent  then they are shafting the people. They need tobe shafted back.
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