Some debt settlement services are scams -Fri, 30 Jul 2010

Credit counseling and debt settlement services are a booming business. But some companies are scamming desperate consumers, making a bad situation even worse. Chris Oaks this week spoke to Gail Cunningham, vice president of the nonprofit National Foundation for Credit Counseling.

Debt-settlement firms face new rules -Fri, 30 Jul 2010

WASHINGTON, July 30 (UPI) -- The U.S. Federal Trade Commission said companies helping consumers dig out of debt would be barred in the future from accepting payment in advance. Federal Trade Commission - Debt settlement - Business - Federal government of the United States - Financial Services

Government cracks down on debt-settlement companies -Sat, 31 Jul 2010

Companies promising to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an upfront fee. The Federal Trade Commission said last week that the new restrictions are a crackdown on the debt-settlement industry, which flourished during the economic downturn as borrowers ...

FTC cracks down on advance fees to debt settlement companies -Sat, 31 Jul 2010

The Federal Trade Commission (FTC) adopted strict new rules on Thursday that ban debt settlement companies from charging advance fees for elimination of credit card balances and other consumer debt. Effective Oct. 27, for-profit companies that sell debt relief services by telephone will no longer be allowed to charge a fee before they successfully settle or reduce a consumer's outstanding debt ...

Debt Settlement Encores A Privilege To Indulge Your Life As Being Debt Free! -Fri, 30 Jul 2010

Austin - Have you got a junk of debt and cant seek any thrash bin to throw it off? It has made your life miserable in engaging for less always? You cant excessively or less alike coddle the way you want to? You just want debt to vanish neatly and completely?

New rule cracks down on debt settlement industry -Thu, 29 Jul 2010

the debt settlement industry has flourished in the downturn as borrowers struggle to pay their bills.

New rule limits debt settlement firms -Sat, 31 Jul 2010

NEW YORK - Companies that promise to reduce or eliminate credit-card balances and other debt for customers no longer will be allowed to charge an upfront fee.

Getting relief from 'debt relief' companies -Fri, 30 Jul 2010

Debt Relief, Debt Settlement, and Debt Negotiation companies. Their ads claim that they can reduce or eliminate your unsecured debt, particularly your credit card debt.

FTC Adopts New Rules to Begin Curbing Debt Settlement Industry Abuses -Fri, 30 Jul 2010

New Regulations Bar Debt Settlement Companies from Collecting Fees Unless Consumers Get Relief

New Restrictions for Debt Settlement Firms -Thu, 29 Jul 2010

The Federal Trade Commission on Thursday announced restrictions on companies that purport to help borrowers get rid of crippling amounts of debt. The effort aims to address complaints about lenders that charge huge fees but fail to reduce the obligations of customers in debt.