J Thomas Black
Board Certified, Consumer Bankruptcy Law- Texas Board of Legal Specialization

The Federal Trade Commission (FTC) issued a press release yesterday, Sept. 25, 2013, indicating that they had reached a $1 Million settlement with a debt collector in California and his 2 related companies.

The FTC had alleged that the defendants texted consumers, in an attempt to collect debts, but did not give the required disclosures as mandated by the federal Fair Debt Collection Practices Act or FDCPA. The debt collectors also pretended to be lawyers (they weren't) and threatened to sue consumers and garnish their wages for not paying their debts.

The defendants also used mailing envelopes showing a huge man's arm shaking money from a consumer who is held upside down. Federal law does not permit debt collectors to disclose someone's debts publicly or to third parties, because this could endanger a consumer's job or reputation.

If this sort of thing has happened to you, call our office. We sue debt collectors that violate the law. You may be entitled to money damages if this sort of thing has happened to you. Also, if your debts are just out of control, you may want us to discuss the pros and cons of filing bankruptcy, to stop debt collectors from bothering you permanently.

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