WASHINGTON, July 30 (UPI) -- The U.S. Federal Trade Commission said companies helping consumers dig out of debt would be barred in the future from accepting payment in advance. Federal Trade Commission - Debt settlement - Business - Federal government of the United States - Financial Services

British plant closes to help lower debt

Silver Fern Farms has closed a British frozen meat processing facility as part of consolidation that will see SFF debt reduce significantly to $100 million by September 31.

New Rule Cracks Down on Debt Settlement Industry

Tired of credit card debt? Vulnerable borrowers get some protection Debt settlement - Business - Financial Services - Financial Planning - Debt Consolidation

FTC rules take aim at debt-relief industry

The Federal Trade Commission issued stringent new rules cracking down on the burgeoning debt-relief industry on Thursday, saying it too often charges consumers hefty upfront fees but fails to reduce the amount of money they owe creditors. Business - Debt settlement - Financial Services - Federal Trade Commission - Financial Planning

The Inception of New Debt Relief Programs Helps Consumers Get Out of Credit Card Debt

LOS ANGELES, CA--(Marketwire - July 28, 2010) - Throughout history debt relief has evolved and recently the industry has undergone a dramatic change due to high consumer credit card debt. Debt relief forgiveness can be traced back to biblical times in the Old Testament, when Moses declared a Holy Year to take place every year where all debts are forgiven and all slaves freed. In more recent ...