FTC Issues 28th Annual Report on Fair Debt Collection Practices Act

The Federal Trade Commission has authorized the staff to release publicly the “28th Annual Report to Congress on the Fair Debt Collection Practices Act (FDCPA)”. This report, which is available now on the FTC’s Web site, summarizes the Commission’s administration and enforcement of the FDCPA during 2005.

It presents an overview of the types of consumer complaints received by the Commission, descriptions of the Commission?s debt-collection law enforcement actions, and a summary of the Commission?s consumer and industry education initiatives. The report also reaffirms eight recommendations for amendments to the FDCPA that the Commission believes will strengthen the statute?s consumer protections, clarity, and effectiveness as a law enforcement tool.

To view the report, go to FTC Annual Report: FDCPA.