US Federal Trade Commission intensified its crackdown on the booming debt-collection industry
Special Correspondent
Jan. 31, 2012

US officials Officials said they are investigating other companies for alleged violations of federal law and expect to announce more enforcement actions soon.

The Federal Trade Commission announced a $2.5 million settlement with a company for allegedly coercing borrowers into paying debts they no longer legally owed.

Like this company many debt collection company have violated laws harassing US citizens. Many of these companies have tried to double collect the same debt or collect debt by hook or crook even when the debt is no longer valid.

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