Oklahoma Notice of Violation of Fair Debt Act - Letter To The Federal Trade Commission

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Multi-State
Control #:
US-DCPA-2
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Word; 
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This form is for use by debtors in unfair collection practice situations, a Notice of Violation of Fair Debt Act regarding Letter to Federal Trade Commission. It is available in Word or Rich Text format.
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FAQ

About the FTC The FTC's mission is to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity.

The FTC enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits deceptive, unfair, and abusive debt collection practices.

The purpose of FTC warning letters is to warn companies that their conduct is likely unlawful and that they can face serious legal consequences, such as a federal lawsuit, if they do not immediately stop.

The FTC enforces federal consumer protection laws that prevent fraud, deception and unfair business practices. The Commission also enforces federal antitrust laws that prohibit anticompetitive mergers and other business practices that could lead to higher prices, fewer choices, or less innovation.

The Federal Trade Commission works to promote competition and to protect and educate consumers. You can learn more about consumer topics and report scams, fraud, and bad business practices online at ReportFraud.ftc.gov.

The FTC produces a number of reports that examine antitrust and consumer protection trends. The agency uses this research to inform policy and to evaluate the agency's performance. FTC policy reports include: staff and commission reports about specific topics of interest.

Report fraud, scams, and bad business practices at ReportFraud.ftc.gov.

Criminal prosecutions are typically limited to intentional and clear violations such as when competitors fix prices or rig bids. The Sherman Act imposes criminal penalties of up to $100 million for a corporation and $1 million for an individual, along with up to 10 years in prison.

The maximum civil penalty amount has increased from $43,792 to $46,517 for violations of Sections 5(l), 5(m)(1)(A), and 5(m)(1)(B) of the FTC Act, 7A(g)(l) of the Clayton Act and Section 525(b) of the Energy Policy and Conservation Act. It has increased from $576 to $612 for violations of Section 10 of the FTC Act.

Contact: Contact the Federal Trade Commission.Phone Number: 1-202-326-2222.Toll Free: 1-877-FTC-HELP (1-877-382-4357)TTY: 1-866-653-4261.

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Oklahoma Notice of Violation of Fair Debt Act - Letter To The Federal Trade Commission