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Tag Archives: Fair Debt Collection Practices Act

Texas Court Orders $2 Million Penalty for Debt Collector

A federal court in Texas ordered Timothy L. Ford, president of Commercial Recovery Systems, Inc., to pay $2 million in penalties for a violation of the Fair Debt Collection Practices Act. The verdict came at the request of the Federal Trade Commission. Ford was accused of falsely threatening debtors, a significant violation of the FDCPA. […]

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