The FTC charged that the los angeles-based operation took millions from consumers through unlawful student loan debt relief and mortgage assistance relief schemes. According to the complaint, the defendants falsely claimed to be from the Department of Education , and promised to reduce borrowers’ monthly payments or forgive their loans.
Mortgage Relief Defendant Banned from Debt Relief Business in Settlement with FTC. According to the FTC, the operation typically charged consumers $3,900 in unlawful advance fees and touted a 98-100 percent success rate. The defendants, typically operating as Preferred Law PLLC, Consumer Defense LLC, or American Home Loans,
The Federal Trade Commission charged the operators of a phony student loan debt relief and credit repair scheme with bilking millions of dollars from consumers by falsely promising to reduce or.
. the defendant had not shown an entitlement to relief. The plaintiff then sued the defendant in federal district court, alleging that the defendant had violated FDCPA Section 1692e, which prohibits.
Under a settlement with the Federal Trade Commission and the State of Florida, the operators of an alleged student debt relief and credit repair scam will be banned from those lines of business. The stipulated final order announced today resolves charges the FTC and the State of Florida brought in April 2016, against Chastity Valdes [.]
The defendant in Rizo sued in his official capacity as the Fresno County superintendent of schools (the “County”). The County conceded that it paid the female plaintiff less than her male counterparts.
Mortgage Lending Specialists Miami Dade Broward Florida – Zerching Loans Mortgage Lending Art Cote has been named vice president and loan production manager for American Southern Mortgage. Miami. Marjorie Sheridan Schwartz has been appointed vice president, Zone 6, for the Florida Land.
To help make consumers aware of fraudulent debt relief services, the FTC offers advice about student loan debt relief, in English and Spanish, and the latest in a series of graphic novels about scams targeting Latino communities – Maria and Rafael Learn the Signs of a Debt Relief Scam.
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Under a settlement with the Federal Trade Commission and the State of Florida, the operators of an alleged student debt relief and credit repair scam will be banned from those lines of business.
On April 1, 2019, New York enacted Article 14-A, governing servicers of student loans owed by New York residents, in connection with New York’s fiscal year 2020 budget. Though sweeping legislation has.
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