Debt Relief Firms Call CFPB's Freeze 'Backdoor' Attack

By Ayden Crosby (January 17, 2024, 4:55 PM EST) -- Dozens of debt relief law firms have accused the Consumer Financial Protection Bureau of carrying out a "backdoor" bid to shutter their businesses by freezing the assets of their administrative service providers, a move they told a New York federal court has stretched their operations thin and could result in $13 million of losses to consumers....

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