FTC Adopts Procedures for Administrative Collection of Debts Owed to the FTC
Commission Approves Amendments to Its Rules of Practice
The Federal Trade Commission has approved amending language in its Rules of Practice that applies to the collection of outstanding debts owed under FTC orders and judgments.
The final rule amendments to Part 1 of the Commission’s Rules of Practice formally adopt government-wide Federal Claims Collection Standards and other applicable procedures for collecting delinquent debts by certain authorized administrative methods. The amendments address the U.S. Department of the Treasury’s collection of debts owed to the FTC through deduction of funds from certain federal payments and federal tax refunds.
The Commission vote to issue the Federal Register Notice setting forth these amendments to its Rules of Practice was 4-0; (FTC File No P072104). The staff contact is Stephen Dowdell, Enforcement Division, Bureau of Consumer Protection, 202-326-2814.
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