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Consumer Financial Protection Bureau v. American Debt Settlement Solutions, Inc. et al
Case Number:
9:13-cv-80548
Court:
Nature of Suit:
Judge:
Government Agencies
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June 07, 2013
CFPB Settles Its 1st-Ever Action Targeting Abusive Practices
A Florida debt collection firm on Thursday agreed to pay $500,000 to settle the Consumer Financial Protection Bureau's first enforcement action alleging "abusive practices," in a deal that also prohibits the firm from selling debt-relief products or services.
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May 30, 2013
CFPB Launches 1st 'Abusive Practices' Case In Fla.
The Consumer Financial Protection Bureau on Thursday for the first time brought an enforcement action alleging "abusive practices" in a complaint against a Florida debt collection firm, giving the industry a view into how the agency will use that power.