Allied Finance Adjusters Urges Action on FTC Non-Compete Agreement Proposal

Attention Needed Now!

If you operate your repossession company as a small business, and if you utilize or have an interest in, non-compete clauses to keep former employees from taking the training that cost you time and money and using it for the benefit of a competing business (whether their own or someone else’s), your VOICE is desperately needed! The federal government, in the form of the Federal Trade Commission, is planning to make all non-compete agreements illegal in every state and in every vocation. This new rule will even make all already-standing non-compete agreements unenforceable without regard to how it affects the benefit of the bargain the investing employer has made. The government is taking comments on this proposed rule until March 15, 2023. We ALL need to make our voices known on this issue!