The Federal Trade Commission (FTC) is making sure that the financially stressed debtors in America are not subject to any kind of debt settlement scams. The FTC has passed a new set of rules that will come into effect from October 27 to protect the consumers from being a victim of huge upfront fees charged by debt settlement companies. This step has been taken by the FTC to ensure that most middle-class Americans are not taken undue advantage by the debt settlement companies.
