DEBT BUYER SETTLES ENFORCEMENT ACTION REGARDING UNLICENSED ACTIVITIES

DEBT BUYER SETTLES ENFORCEMENT ACTION REGARDING UNLICENSED ACTIVITIES

The Consumer Financial Protection Bureau (“CFPB”) has entered into a consent order with a debt buyer to resolve allegations that the debt buyer violated the federal Fair Debt Collection Practices Act (“FDCPA”) and Section 1031 of the Consumer Financial Protection Act (“CFPA”) by sending demand letters and filing collection lawsuits through law firms without the proper licenses in ….Read More