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Daily Archives: October 27, 2010

FTC Issues Enforcement Policy Statement on New Debt Relief Rule

Enforcement Deferred for Tax Debt Relief Services, but Most Companies Are Now Prohibited From Collecting Advance Fees: “The Federal Trade Commission has issued an enforcement policy statement on a new FTC rule that protects consumers by barring debt relief firms from collecting up-front fees. In its statement, the FTC says that while most companies that sell debt relief services over the telephone are now prohibited from charging fees before settling or reducing a consumer’s credit card or other unsecured debt, it will defer enforcement of the new rule for tax debt relief services.”

  • Federal Trade Commission Enforcement Policy: Tax Debt Relief Services and the Debt Relief Amendments to the Telemarketing Sales Rule
  • Related postings on financial system
  • New GAO Reports: National Archives, Managing For Results, Guardianships, Nursing Homes

    Managing For Results: Opportunities to Strengthen Agencies’ Customer Service Efforts, GAO-11-44, October 27, 2010 Information Security: National Archives and Records Administration Needs to Implement Key Program Elements and Controls GAO-11-20, October 21, 2010 National Archives and Records Administration: Oversight and Management Improvements Initiated, but More Action Needed, GAO-11-15, October 05, 2010 Guardianships: Cases of Financial… Continue Reading

    CRS — Canada-U.S. Relations

    Canada-U.S. Relations, Carl Ek, Coordinator, Specialist in International Relations, Ian F. Fergusson, Coordinator, Specialist in International Trade and Finance, September 3, 2010 “Relations between the United States and Canada, though generally close, have undergone changes in tenor over the past three decades. During the 1980s, the two countries generally enjoyed very good relations. The early… Continue Reading