Illinois Attorney General Lisa Madigan’s office is joining other states and the Federal Trade Commission in a nationwide crackdown on aggressive debt collectors. Attorney General Madigan says they are going after debt collectors who use threatening tactics. The biggest problem are phantom debt collectors, who seek payment of a loan you never took out.
The crackdown includes lawsuits against fake debt collectors. Madigan says her office recently settled a suit against a couple from Aurora. They agreed to a more than 6 million dollar judgment.