By: Mark Dobosz, Executive Director - NARCA
November 24, 2015
The Federal Trade Commission’s announcement of its coordinated
efforts with other law enforcement agencies against deceptive and
unscrupulous debt collectors is hailed by NARCA as a positive move to rid the
industry of the “bad apples” that tarnish reputable and legal debt collection
businesses.
NARCA supports the efforts of both industry entities and other
agencies to root out the businesses that harm consumers through truly deceptive
practices. The industry and consumers are much better off by collaborative and
complementary practices to insure that “bad players” are eliminated from
practicing debt collection.
NARCA
has been at the forefront of insuring that its members abide by a Code of
Ethics and Professional Conduct that is separate and in addition to the rules
in their respective states which govern their law licenses. . Harvey Moore, NARCA Board President
commented, “Collaboration, communication and cooperation between industry
groups and the regulatory bodies which enforce laws to eliminate those who
consciously harm consumers through deceptive practices is key to keeping the
credit eco-system for this country strong.”
About the Author: Mark Dobosz currently serves as the Executive Director for NARCA – The National Creditors Bar Association. Mark is a one of NARCA’s speakers on many of the creditors rights issues impacting NARCA members.
The National Creditors Bar Association (NARCA) is a
trade association dedicated to creditors rights attorneys. NARCA's values
are: Professional, Ethical, Responsible
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