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FTC Extends Comment Deadline for Debt Collection Policy 

November 9, 2010 -- The Federal Trade Commission extended the public comment period until Dec. 1, 2010, on a proposed policy statement clarifying when the agency will take action under the Fair Debt Collection Practices Act and the FTC Act against companies that contact the relatives of deceased consumers to collect the decedent’s debts. FTC published a proposed policy statement on Oct. 8, clarifying whom debt collectors are allowed to contact to discuss a decedent’s debt; how collectors may contact and identify the right party to discuss a decedent’s debt; and how collectors should avoid giving relatives the misleading impression that they are personally obligated to pay the debt from their own assets, rather than from the decedent’s estate. The original comment deadline was Nov. 8. More information 
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