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Home » Bureau Takes On ‘Abusive Acts or Practices’ With Debt Relief Firm
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Bureau Takes On ‘Abusive Acts or Practices’ With Debt Relief Firm

June 3, 2013
The CFPB filed a complaint in the U.S. District Court for the Southern District of Florida last week against American Debt Settlement Solutions, Inc., alleging that the debt-relief company was abusive and deceptive in misleading consumers across the country and charging illegal fees for its services. “Today we are taking action to halt a debt-relief company we believe has been preying on financially vulnerable consumers,” said CFPB Director Richard Cordray. “Consumers struggling to pay off a debt are among the...
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