Sentence examples for debt collection enforcement from inspiring English sources
But F.T.C. officials said that debt collection enforcement would remain a top priority.
In another case, bureau lawyers sought a settlement with National Credit Adjusters that would have returned $60 million to consumers after the debt collection company allegedly impersonated law enforcement officers while collecting debts, according to two career staffers.
And although almost every state has some kind of equivalent to the Fair Debt Collection Practices Act, most often enforcement procedures and staffing are underfunded and many cases are never brought.
The Consumer Financial Protection Bureau and the F.T.C. now share enforcement authority for debt collection companies, though the new bureau has a power that the F.T.C. did not: it can write new rules for debt collectors.
UPDATE: This story has been revised to clarify that the CFPB and the FTC will share enforcement duties for debt collection firms of all sizes.
I say: "I'm calling from State Collection Service, debt collection, attempting to collect debt.
The Federal Trade Commission is responsible for enforcing the Fair Debt Collection Practices Act, which protects consumers you against illegal collection tactics.
The CFPB had also filed enforcement actions and lawsuits against student loan servicing and debt collection companies, including Navient, returning upwards of $750 million to student loan borrowers and other consumers in just a few short years.
The office also helped obtain criminal convictions against a dozen or so of the worst offenders, people who intimidated consumers by posing as law enforcement officers and even one man who continued to run his debt collection business from inside a federal prison.
The debt collectors tasked with collecting IRS tax debt must follow the Fair Debt Collection Practices Act.
