Defendants in Student Loan Debt Relief Scheme Banned from Industry in Settlement with FTC and Florida

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The FTC also alleged that the defendants charged consumers illegal upfront fees of $300 or more for these purported debt relief services. At the request of the FTC, a federal court temporarily halted the scheme and froze its assets .

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,

FTC disconnects pointbreak media robocall Scheme Defendants;. Defendants in Student Loan Debt Relief Scheme Banned from Industry in Settlement with FTC and Florida. The FTC charged that the los angeles-based operation took millions from consumers through unlawful student loan debt relief and mortgage assistance relief schemes.

FTC: Student Debt Relief Scheme Boss Agrees to $11 Million Settlement. By Allie Bidwell, NASFAA Senior Reporter. The leader of a California-based student loan debt relief scam last week agreed to an $11 million settlement with the Federal Trade Commission (FTC), admitting that he swindled borrowers out of hundreds of dollars under the guise of lowering their monthly payments or securing them.

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 unexpected upside of student loan debt .. FTC Reaches $25 million Settlement with Debt Collection Scammers .. First Choice Credit Management, LLC’s cover photo [12/06/10] Welcome to the new FCCM page, check back frequently for updates and information about our company and industry. Thanks!

ConsumerAffairs News: Student Lending Probes and Lawsuits.. the operators of another student debt relief scheme have agreed to a settlement with the FTC that will permanently ban them from the.

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. Defendants in Student Loan Debt Relief Scheme Banned from Industry in Settlement with FTC and Florida | Federal Trade Commission