News Articles


Defendants in Debt Collection Scheme Aimed At Hispanics Agree to Settle FTC Charges

Two defendants have agreed to settle Federal Trade Commission charges for allegedly victimizing Spanish-speaking consumers nationwide by posing as debt collectors seeking

Debt Reduction Companies Settle with FTC

Two debt reduction companies and their principals have agreed to settle Federal Trade Commission charges alleging that they violated federal law by falsely claiming

Court Enters Final Order in FTC Action Against Florida Debt Collectors

A federal court has entered a final order against a Florida debt collection agency, its principals, and its attorney

Department Of Finance Settles With a Dallas, Texas Based Debt Settlement Company

Gavin Gee, director of the Idaho Department of Finance, announced a settlement today in which Dallas

President Bush passed the Mortgage Forgiveness Debt Relief Act of 2007

Today, President Bush signed the Mortgage Forgiveness Debt Relief Act of 2007, which will help Americans avoid foreclosure by protecting families from higher taxes when

Attorney General McGraw Settles with Debt Purchaser

Attorney General Darrell McGraw recently entered into a settlement agreement with Excalibur I, LLC, that resulted in the cancellation of more than three million

Law Banning Harassment by Debt Collectors

Governor Rod Blagojevich signed a new law to help protect Illinoisans from harassment and inappropriate calls from debt collectors

FTC Charges Debt Program with Failing to Deliver Debt Reduction Services

The FTC charged four companies and their principals with deceptively marketing a debt settlement operation that allegedly failed to provide services.

McGraw Reaches Settlement with Four Debt Relief Companies

Attorney General Darrell McGraw announced settlement agreements with four debt relief companies that brought to an end their controversial practice.

Over $700,000 Recovered for South Carolina Consumers from Debt Settlement Company

A Texas company has voluntarily agreed to give partial to full refunds for 448 customers in South Carolina who entered into a contract


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In a statistical study, consumer debt in the United States is estimated to be over 2 Trillion dollars.

Credit card debt from consumers actually takes up over 700 billion dollars of the consumer debt in the United States.

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