Most Floridians’ Retirement Assets Are Protected From Debt Collectors And Creditors by Don Petersen Federal and Florida laws protect many pensions and retirement plans and other income. Collection agencies seldom sue consumers. If the collection agency or creditor obtains a judgment, Florida and federal law often substantially limit the assets [Read Full Story]

A debt collector who set up a Downtown collection agency despite a history of bullying consumers was arrested yesterday for failing to surrender to serve his sentence on a weapons conviction. Tobias Boyland, 33, of Buffalo, was arrested by Robinson police and members of the U.S. Marshal’s Western Pennsylvania Fugitive Task Force who found [Read Full Story]

There are rules about debt collection – and from time to time, they need to be updated. Right now, the Office of Fair Trading (OFT) is working on new guidance for debt collection, aiming to eliminate what it sees as unfair practices in this area. As the OFT has stated, all `debt enforcement tools` must [Read Full Story]

The Office of Fair Trading (OFT) is drawing up new debt collection guidance, making it clear that its rules apply to all businesses involved in debt recovery, ranging from lenders to debt collection firms and debt buyers, as well as law firms and tracing agents. It also stressed the responsibility creditors had to ensure that [Read Full Story]

FTC report: Credit card complaints nosedive in 2010 Identity theft and debt collection calls rank first and second By Connie Prater   Consumer credit card complaints took a nosedive in 2010, according to the list of top consumer complaints released Tuesday by the Federal Trade Commission. One possible reason: Tough new credit card regulations [Read Full Story]