With Allison Brown, FTCOn November 13, 2010 we held the Rally in Raleigh, a meeting of debt relief
professionals. At the meting we talked about a number of issues.
Below you will find the video of the 3:00 p.m. session with Allison Brown from
the Federal Trade Commission.
The agenda:
10:00 – 10:30 Welcome and Who’s Here.
10:30 – Noon – Is There a Need for Honesty and Integrity in Debt Relief? How
Does the Group Think the Reputation of the Debt Relief Industry Can Be
Improved?
Where is it Now?
Noon – 1:00 – Where to Start in Delivering Exceptional Debt Relief Services.
What Does the Group Think is Required to be a Debt Relief Leader?
1:00 – 2:00 – Lunch
2:00 – 3:00 – Regulation and Compliance in Debt Relief. A Need or a Nuisance?
Can It be a Benefit? Are Regulators to Be Feared?
3:00 – 4:00 – Advertising and Selling Debt Relief Services. What Works and Why.
What to Avoid. Video below.
4:00 – 5:00 – What Does the Group Think Needs to be Done to Make Sure Consumers
Continue to Have Access to Debt Relief Services? What Happens Next?
Below you will find a video from our Rally in Raleigh meeting in North Carolina on November 13, 2010.
Lynne Weaver from the North Carolina Attorney General office joined us to discuss why debt relief companies appear on the radar of regulators, how to best deal with regulators, how to work with regulators, what companies most often do wrong that causes them to become targets of regulators and a whole lot more.
The presentation talks about how multiple states coordinate enforcement and how states work together to share information.
The attorney model is discussed and concerns that it presented and why it is on the attention of regulators. We also discuss why the advertising and public claims that seem unrealistic made create a red flag for regulators.