In 2009, the FTC convened a series of panel discussions on the matter of debt collection litigation.

FORBES: Consumer Attorneys Have a Role in Clogging the Courts with Debt Cases

The firm also has a major debt recovery and litigation practice, acting for banks and finance houses.

BBC: Morton Fraser headquarters

Indeed, a large-scale national debate has begun over debt-related litigation, prompted by the Federal Trade Commission and certain state and local officials.

FORBES: Consumer Attorneys Have a Role in Clogging the Courts with Debt Cases

The cure for that ill is not a debt collection process, but litigation.

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The wave of litigation over dodgy debt instruments is still swelling.

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As you'd expect, spreads usually widen for companies with litigation problems, heavy debt loads or weak operating results.

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We have a tax structure encouraging debt over equity, and we have a litigation atmosphere discouraging taking risk, going public and pushing the envelope.

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