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Student Loans › Fraud › Consumer Protection Laws

Sheppard Mullin Richter & Hampton LLP

CFPB Moves Forward with Debt Relief Suit Over $3.4M in Alleged Advance Fees

Sheppard Mullin Richter & Hampton LLP on

On June 10, the CFPB moved to reopen its 2021 enforcement action against the final remaining defendant in a student debt relief case involving over $3.4 million in alleged illegal advance fees. The Bureau, under Acting...more

Orrick, Herrington & Sutcliffe LLP

District court sides with FTC order against student loan company

Orrick, Herrington & Sutcliffe LLP on

Recently, the U.S. District Court for the Central District of California granted the FTC’s motion resulting in a permanent injunction against defendants involved in an allegedly fraudulent student loan debt relief operation....more

Shipkevich PLLC

Minnesota’s AG Raids Student-Loan Debt-Relief Industry Operating Within the State

Shipkevich PLLC on

On September 6, 2023, the Minnesota Attorney General’s Office (“Minnesota”) announced that it has begun investigating the operations of more than 50 student-loan debt-relief companies suspected of violating consumer...more

Goodwin

FTC Distributes $1.7 Million to Affected Consumers in Alleged Student Loan Debt Relief Scam

Goodwin on

On February 10, 2021, the Federal Trade Commission (FTC) announced that it will begin distributing over $1.7 million to consumers that it claims lost money as a result of an alleged student loan debt relief scheme. The...more

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