Time-Barred: FTC v. CAMCO; from FTC's Brief

This folder examines collection of time-barred debts, the concept of moral obligations, as opposed to judicially enforceable debts, and whether the FDCPA is implicated.
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David A. Szwak
Posts: 1974
Joined: Thu Jul 13, 2006 11:19 pm

Time-Barred: FTC v. CAMCO; from FTC's Brief

Post by David A. Szwak »

"This is a case about a debt collection company gone wild. The defendants are in the business of attempting to collect "time-barred" debts ;bts so old that they are beyond the statute of limitations, cannot appear on credit reports, and whch are often purchased from other debt collection agencies which have written them off. The defendants have little documentation regarding the original debts, and very often are collecting from people that never owed a debt in the first place. Efforts to collect universally employ a variety of utterly false claims and abusive practices. This is a large operation collecting millions of dollars from consumers across the country, and the management is fully aware of these pervasively illegal practices."

FTC v. CAMCO
http://www.ftc.gov/os/caselist/camco/04 ... fcamco.pdf
David A. Szwak
Posts: 1974
Joined: Thu Jul 13, 2006 11:19 pm

Post by David A. Szwak »

David A. Szwak
Posts: 1974
Joined: Thu Jul 13, 2006 11:19 pm

Post by David A. Szwak »

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