FTC Strips Debt Collector’s Assets and Requires Deletion of All Reported Debts as Penalty for “Debt Parking”
Troutman Sanders
DECEMBER 7, 2020
Midwest Recovery Systems (“Midwest Recovery”), a debt collection company, must cease its alleged debt-parking practices, delete all reported debts, and surrender its remaining assets in partial payment of a $24.3 Finally, the order included a judgment for $24.3
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