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People of The State of New York v. Debt Resolve, Inc. et al
Case Number:
1:18-cv-09812
Court:
Nature of Suit:
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Firms
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March 30, 2021
Student Debt Firm Gets $53M Penalty For Ignoring NY AG Suit
A federal judge on Tuesday ordered a company accused of running a student debt relief scam and violating New York's usury cap to immediately pay $53 million in statutory penalties after it failed for years to respond to a suit filed by New York's attorney general.
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May 22, 2020
Student Debt Firms Settle With New York For $5.5M
Two purported student debt servicers and their executives will pay $5.5 million to end claims they duped student borrowers into paying for loan services that should have been free, New York's attorney general said Friday.
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February 18, 2020
Student Debt Cos. Settle NY's Predatory Practices Suit
Student debt companies accused of conspiring to lie to borrowers and obtaining unwarranted fees have agreed to a $2.2 million settlement to end a suit from the New York attorney general, though they could end up paying only a fraction of that total, according to filings in federal court Tuesday.
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July 03, 2019
Student Debt Cos. Must Face NY's Predatory Practices Suit
A Manhattan federal judge won't let a web of connected student debt companies ditch a lawsuit from New York's attorney general that accuses the companies of lying to borrowers and obtaining fees for relief services that can be done for free.
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May 15, 2019
Student Debt Cos. Urge Judge To Toss NY's Fraud Suit
Attorneys for a complex web of interconnected student debt companies pitched a Manhattan federal judge on Wednesday on various reasons to cut short New York state's fraud lawsuit against them.