Feds and state stop debt relief operation in Florida – ConsumerAffairs

The state of Florida has teamed up with the Federal Trade Commission (FTC) once again to take down several Florida-based companies that officials say were running a debt relief scam. Florida Attorney General Pam Bondi says a federal court has approved consent judgments which resolve charges that the debt relief companies exploited debt-burdened consumers with promises of…

Warnings of financial ‘catastrophe’ as National Debt Helpline buckles under record call volumes – ABC Online

The National Debt Helpline says it is buckling under an unprecedented number of calls from Australians seeking financial counselling. Key points: Australian household debt is at a record high Financial Counselling Australia warns the country is going to go through a debt hangover They estimate 30 per cent of Australian households are in…