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The 11-word phrase that can stop debt collectors is, 'I do not wish to speak with you. Contact my attorney.' Use this phrase to assert your rights while informing collectors not to contact you directly. If you have to file a Wyoming Notice of Violation of Fair Debt Act - Letter To The Federal Trade Commission, it's vital to keep track of such interactions.
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 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 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.
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 power of ReportFraud.ftc.gov We can't resolve your individual report, but we use reports to investigate and bring cases against fraud, scams, and bad business practices.
To file a complaint, just go to ftc.gov/complaint, and answer the questions. Or call That's all there is to it. If you've been ripped off or scammed, complain to the Federal Trade Commission. It can help put the bad guys out of business.
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 FTC enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits deceptive, unfair, and abusive debt collection practices.