More On Zombie Debt Buyers

A recent press release from the Federal Trade Commission announced that it has ordered the nation’s largest consumer debt buyers (ie. zombie debt buyers) to turn over information about their practices in buying and collecting consumer debt, which the FTC intends to use for a study of the debt-buying industry.

For resources that provide insights on defending consumers in cases involving attempts to collect zombie debt, see:

• Consumer Defense in Debt Buyer Cases and other Collection Cases 2009,
• Brief filed in lawsuit against zombie debt buyer Portfolio Acquisitions,
• Representing Consumers In Litigation With Debt Buyers,
• Article on Zombie Debt Collection,
• Are You Being Sued by a Debt Buyer? Debt Collection Defense,
• United States of America v. Steven D Goldberg (an indictment that provides an example of why you cannot assume that a debt buyer owns the debt it is trying to collect).