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Tag Archives: director of the division of financial practices

FTC to Pursue Other Options in Debt Settlement Case Loss in Texas

Ready to Collapse

Under the heading of “wow that was fast,” I’ve already received a response from the Federal Trade Commission to their recent loss in a Texas Federal Court in their case filed against Freedom Financial Processing, Debt Professionals of America, Debt Consultants of America, Robert Creel, Corey Butcher, and Nikki Creel. In that case, which you can read more about here ... Read More »

    It’s Been A Year Since The TSR – What’s Changed With Debt Settlement?

    A year ago this month the Federal Trade Commission (FTC) barred debt settlement companies that used telemarketing from accepting up-front fees. Although it’s been an entire year since this change we are still see companies trying sneak in those up-front fees with businesses trying to exploit loopholes. The whole purpose of the Telemarketing Sales Ruling was to help consumers from ... Read More »

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