Erik Johnson

Erik Johnson

Ballard Spahr LLP

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Credit repair companies file for Chapter 11 bankruptcy relief in response to potential $3 billion CFPB judgment

Recently, PGX Holdings, Inc. (PGX), one of the nation’s largest consumer credit repair companies, and twelve affiliates have entered into Chapter 11 bankruptcy under pressure from a potential $3 billion CFPB judgment for...more

6/14/2023  /  Chapter 11 , Consumer Financial Protection Act (CFPA) , Consumer Financial Protection Bureau (CFPB) , Credit Repair Services , Enforcement Actions , Financial Services Industry , Statutory Violations , Telemarketing Sales Rule
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