Antitrust Law Daily Wrap Up, AGENCY NEWS: Procedures adopted for administrative collection of debts owed to FTC, (Jan 6, 2016)

By Michael Menzhuber, J.D., LL.M.

The FTC has approved amending language in its Rules of Practice that applies to the collection of outstanding debts owed under FTC orders and judgments, the agency announced today.

The final rule amendments are to Part 1 of the FTC’s Rules of P ...

By Michael Menzhuber, J.D., LL.M.

The FTC has approved amending language in its Rules of Practice that applies to the collection of outstanding debts owed under FTC orders and judgments, the agency announced today.

The final rule amendments are to Part 1 of the FTC’s Rules of Practice and address the Treasury Department’s collection of debts through the deduction of funds from certain federal payments and federal tax refunds.They formally adopt government-wide Federal Claims Collection Standards and other applicable procedures for collecting delinquent debts by certain authorized administrative methods.

News: Antitrust ConsumerProtection FederalTradeCommissionNews