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Detail from the FTC Public Forum on Banning Upfront Debt Settlement Fees

by Troy Wilson on November 16, 2009

Washington, D.C. headquarters of the Federal T...
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Although a full and complete transcript is not available the FTC has posted some portions of the proceedings on debt settlement reform.

Here are some important pointers:

I haven’t quite consumed all of this information, but it certainly gives you the impression that the FTC is resolved to do something aggressive in this area. Likewise, the debt settlement industry is mounting an equally aggressive campaign to defend the industry as essential to helping consumers and the economy recover.

Take a look and tell me what you think.

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