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Bureau of Consumer Financial Protection v. Forster & Garbus, LLP
Case Number:
2:19-cv-02928
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January 11, 2023
CFPB Settles With NY Debt Collection 'Mill' Used By Big Banks
The Consumer Financial Protection Bureau has reached a settlement with a New York debt collection law firm over its alleged use of high-volume litigation tactics such as automation to collect over 99,000 debts without proper attorney oversight, while also scrutinizing major financial institutions like Citibank that used the firm or others like it.
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May 17, 2019
CFPB Targets NY Debt Collection Firm Over Mass Suit Filings
A New York debt collection law firm used high-volume litigation tactics such as automation to collect over 99,000 debts without proper attorney oversight, according to a complaint filed in New York federal court by the Consumer Financial Protection Bureau on Friday.