Debt-relief company and owners file appeal after losing case to CFPB

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On September 4, several losing defendants filed notice of their intent to appeal a recent ruling, found in favor of the CFPB, to the U.S. Appellate Court for the 7th Circuit. As previously covered by InfoBytes, the CFPB originally charged the defendants — a debt-relief company and its two owners — in 2020. Over the past several years, the district court had granted a summary judgment for the CFPB against the defendant company for violating the CFPA and the Telemarketing Sales Rule, a final judgment and injunctive order issued on May 9 against an individual, and an order of default against another defendant (covered here).

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