Detailed text transcripts for TV channel - FOXNEWS - 20121028:15:24:00
That you owe. starting next year in january, the government will be able to oversee business practices as -- of the major collection agencies. i want you to know your rights, so you can take charge. patrick morris is the ceo of the american collectors association, it's great to see you. collectors are not always a bad term or bad people, they are doing their job. what can they do? whenurn the new regutions will they not be able to do? >> thank you, jamie. i appreciate you having me here on this busy news day. the essentially, what the bureau's new rule will allow is the new consumer bureau to ...