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Released: October 27, 2011
Debt collectors harassed consumers
Source: Dina ElBoghdady, Washington Post (Free Registration)
Two California debt-collection firms used abusive tactics to harass financially distressed consumers, with one firm threatening to kill debtors’ pets or desecrate the bodies of their deceased children, according to recent Federal Trade Commission complaints.
The cases highlight an increase in complaints about the debt-collection industry as the economy has soured. Consumers lodged about 140,000 complaints with the FTC about debt collectors last year, more than any other industry, according to federal data.
Read Full Article: Debt collectors harassed consumers
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