Michael Thurman

Loeb & Loeb to Debt Settlement Industry, Loopholes or Nooses: Be Careful Where You Stick Your Neck

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Apparently the law firm of Loeb & Loeb put out a presentation recently to provide some last minute guidance to the debt settlement industry. You’ve got to love the title, “Loopholes or Nooses: Be Careful Where You Stick Your Neck” On the subject of selling bundled products with debt settlement services in order to increase …

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Apparently The FTC is Not Concerned for Consumers Suffering a Crisis of Debt

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Given the questionable legal basis supporting the FTC’s attempt to amend the TSR, and the interest the debt-settlement industry is receiving from Congress and various state legislatures, it appears that the FTC’s aggressive attack on the settlement industry is motivated by political pressure exerted by special interest groups opposing the industry, rather than a genuine …

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