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What Happens to a Debt Collector That Gets Shut Down

Travell Thomas is desperately trying to save his business, or at least part of it. His debt collection firm, Four Star Resolution, was raided during the morning on Feb. 11, as a result of a lawsuit filed by the Federal Trade Commission. Employees were told to leave immediately. A temporary restraining order now prevents Thomas … Read more

FTC, New York Attorney General Crack Down on Abusive Debt Collectors

Charges Cite Harassing Conduct, False and Deceptive Claims Made to Consumers The Federal Trade Commission, jointly with the New York State Office of the Attorney General, has filed complaints aimed at shutting down two particularly egregious and abusive debt collection operations centered in Buffalo, New York that target consumers nationwide. According to the complaints, the … Read more