FTC and NY Attorney General team up again to tackle abusive debt collectors
On the heels of their victory against National Check Registry, the FTC and the New York Attorney General teamed up again to announce two complaints against debt collectors that allegedly used a slew of abusive and deceptive tactics to pressure consumers into making payments on questionable debts.
The FTC and NY AG allege that Four Star Resolution, LLC and Vantage Point Services, LLC routinely pressured people into paying questionable debts by making false threats. They allegedly threatened lawsuits, arrest, imprisonment, seizure of property, or garnishment of wages. The agencies say the debt collectors also claimed or implied they were acting on behalf of law enforcement or the courts, and often impersonated attorneys, investigators, or process servers. According to the complaint, the collectors used abusive language, failed to provide consumers with proof of the debt, and told third parties, including consumers’ family members, friends, and employers, about the debts. All of these actions are against the law.
It’s important to understand your rights if you’re ever contacted by a debt collector. And if you believe a collector has violated those rights, the FTC wants to hear about it. Your complaint gives us a lead to follow up on, and may stop it from happening to someone else.
If you need help regaining control of your finances, check out the FTC’s free information.