FTC Adds to its Debt Collection "Hall of Shame"

In a blog post earlier this week, the FTC proudly touted the expansion of its Debt Collection "Hall of Shame."  Originally issued in February of 2015, the list has grown from 63 "inductees" to more than 100.  The quick expansion of the list is largely due to "Operation Collection Protection, the FTC's partnership with federal, state and local law enforcement against debt collectors using illegal debt collection tactics.  Through November of last year, the operation had resulted in 115 actions taken. As an advocate for the debt collection industry, I applaud the FTC's efforts to stop illegal debt collection tactics.  The vast majority of debt collectors are committed to complying with federal and state debt collection laws.  Those who are not tarnish the industry's reputation.