With the widespread use of social networking sites it's no surprise that collection agencies are browsing them to gather information on debtors and their assets.

Collectors sometimes use the medium to make direct contact with a debtor or through family and friends. The practice has the industry and regulators wrestling with how to manage the use of social networks within the guidelines of the Fair Debt Collection Practices Act, a law written in the 1970s, well before the advent of Facebook or Twitter.

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