News & Analysis as of

Debt Collection Attorney General Enforcement Actions

Goodwin

Arizona AG Announces $1.6 Million Settlement with Debt Collectors

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On May 16, 2022, the Arizona Attorney General’s Office (Arizona AG) announced that it reached a settlement agreement with the owner of several debt collection companies regarding alleged deceptive debt collection practices in...more

Ballard Spahr LLP

FTC and NY AG file lawsuit to stop phantom debt scheme

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On June 26, 2018, the Federal Trade Commission and New York Attorney General’s Office filed a lawsuit against a debt broker, debt collector and their principals to shut down a phantom debt collection scheme.  ...more

Goodwin

Georgia AG Announces $8.5 Million Settlement with Debt Collector

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On April 4, Georgia Attorney General Chris Carr (“Georgia AG”) announced? an $8.5 million settlement with a national debt collector, resolving allegations that the company violated the Fair Debt Collection Practices Act...more

Goodwin

NY AG Moves to Compel Debt Collector to Respond to Discovery Requests

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On January 17, the New York Attorney General (AG) filed a motion to compel a debt collection company and its owner to produce financial documents, business records, and other documents in a lawsuit alleging that the...more

Goodwin

Debt Collection Firm Enters Consent Judgment for $1 Million in Restitution with Massachusetts AG

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On July 27, 2017, the Massachusetts Attorney General’s Office (Massachusetts AG) announced that it ?entered into a consent judgment? with the largest debt collection law firm in the state and two of its principals. The agreed...more

Goodwin

Debt Collector Ordered to Pay $25 Million to State of Texas for Illegal Debt Collection Practices

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On July 11, 2017, Texas Attorney General Ken Paxton secured a $25 million judgment and permanent injunction against a portfolio management company and a small law office for violations of the Texas Debt Collection Act, Texas...more

Manatt, Phelps & Phillips, LLP

Advertising Law - May 2016 #4

NAD Vacuums Up Preference Claims - In a challenge brought by a competing vacuum manufacturer, the National Advertising Division recommended that SharkNinja discontinue a claim that "Americans now choose Shark 2-to-1 over...more

Manatt, Phelps & Phillips, LLP

CFPB Brings Another Auto Lender Action, This Time for $48M

Why it matters - Continuing its focus on the auto lending industry, the Consumer Financial Protection Bureau (CFPB) ordered Westlake Services LLC and subsidiary Wilshire Consumer Credit LLC to pay roughly $48 million for...more

Ballard Spahr LLP

NY Attorney General, FTC Bring Joint Enforcement Actions against Debt Collectors

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The New York Attorney General and Federal Trade Commission recently announced they had filed two joint federal court lawsuits against debt collectors in the Western District of New York. The Attorney General and FTC are...more

Williams Mullen

State AGs and Regulators Step Up UDAAP Enforcement

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Dodd-Frank created the Consumer Financial Protection Bureau (“CFPB”) and granted that federal agency significant powers to regulate financial institutions. But Dodd-Frank also empowers state regulators to enforce the new...more

Ballard Spahr LLP

New York AG, FTC Bring Major Action against Debt Collection Operation

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The New York Attorney General and Federal Trade Commission (FTC) recently announced a joint debt collection enforcement action that had been filed in June in federal court in Buffalo, New York, against several corporations...more

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