News & Analysis as of

Temporary Restraining Order Enforcement Actions Debt-Relief Industry

Ballard Spahr LLP

FTC takes action against Accelerated Debt for running a debt relief scam

Ballard Spahr LLP on

An ex parte temporary restraining order has been issued against the participants in a debt relief services scheme that allegedly targeted seniors, including veterans, using a variety of deceptive practices, including falsely...more

Goodwin

CFPB and State Attorneys General File Suit Against Debt-Relief Companies

Goodwin on

On January 10, 2024, the CFPB and seven state attorneys general filed ​suit against a New York-based financial consultant company, chief executives, and several related entities for allegedly running an illegal debt relief...more

Hudson Cook, LLP

Debt-Relief Enterprise Forced into Receivership by CFPB, Seven States

Hudson Cook, LLP on

On January 10, 2024, the CFPB and Attorneys General from seven states filed a complaint against the Company and the individuals in charge for allegedly operating a debt-relief scheme that has been harming consumers since...more

Shipkevich PLLC

U.S. District Court for the Middle District of Tennessee Grants FTC’s Motion to Temporarily Shut Down Alleged Credit Card Debt...

Shipkevich PLLC on

On November 21, 2022, the U.S. District Court for the Middle District Of Tennessee granted the Federal Trade Commission's (FTC’s) ex parte motion for, among other relief, a temporary restraining order (“TRO”) to shut down an...more

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