News & Analysis as of

Debt Relief

Kilpatrick

NAD's Newfound Interest in Financial Services Extends to B2B Marketing

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Two recent National Advertising Division decisions involving competing 401(k) providers underscore that NAD’s expanding focus on financial services advertising is not limited to consumer-facing debt-relief claims. ...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Debt-for-Carbon/Using Carbon Credits for Debt Relief: Environmental Defense Fund Report

The Environmental Defense Fund (“EDF”) announced the issuance of a report titled: DEBT-FOR-CARBON: USING CARBON CREDITS FOR DEBT RELIEF (“Report”)....more

Mayer Brown

State of Rio De Janeiro Implements Special Program for Repayment of Tax Debts in Installments

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On December 9, 2025, Decree No. 50.040/2025 was published in the Official Gazette of the State of Rio de Janeiro (“DOERJ”). The decree regulates the special program (the “Program”) allowing for payment in installments of tax...more

Venable LLP

FTC Bans Seek Capital in $48 Million Settlement

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Just days after the federal government shutdown came to an end, the Federal Trade Commission (FTC) wasted no time returning to enforcement mode, announcing a major settlement with Seek Capital, LLC and its CEO, Roy Ferman. ...more

Sheppard Mullin Richter & Hampton LLP

FTC Permanently Bans Small-Business Financing Firm and CEO for Alleged UDAP and Telemarketing Violations

On November 17, the FTC announced a final court order permanently banning a small-business financing company and its chief executive from offering business financing, debt relief, and credit repair services and imposing a...more

Orrick, Herrington & Sutcliffe LLP

FTC Obtains $48m Judgment and Permanent Ban Against Business Finance Provider Over Alleged Deceptive Practices

On November 17, the FTC announced it had obtained a final order in the U.S. District Court for the Central District of California to permanently ban a business finance provider and its CEO from offering business financing,...more

Wiley Rein LLP

Wiley Consumer Protection Download (October 21, 2025)

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FTC and Nevada AG Obtain Temporary Restraining Order and Asset Freeze Against Tax Debt Relief Company, Its Affiliates, and Its Operators for Allegedly Deceptive Practices. On October 6, the FTC and Nevada Attorney General...more

Orrick, Herrington & Sutcliffe LLP

Debt-relief company and owners file appeal after losing case to CFPB

On September 4, several losing defendants filed notice of their intent to appeal a recent ruling, found in favor of the CFPB, to the U.S. Appellate Court for the 7th Circuit. As previously covered by InfoBytes, the CFPB...more

Hudson Cook, LLP

Consumer Financial Services Bites of the Month - August 2025 - "August is Over CFPB"

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In this month's article, we share some of our top "bites" covered during the August 2025 webinar....more

BakerHostetler

[Podcast] AD Nauseam: Checking In With the FTC

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On today’s episode of AD Nauseam, Amy Mudge and Daniel Kaufman discuss recent FTC enforcement trends, highlighting a return to traditional consumer protection cases such as fraud, earnings claims, and debt relief. They...more

Blake, Cassels & Graydon LLP

Projets de conversion de dette pour la nature : Nouvelles normes de pratique à adhésion volontaire

Information générale En juin 2025, un groupe d’organismes de conservation, présidé par The Nature Conservancy, a publié de nouvelles normes de pratique à adhésion volontaire pour les projets de conversion de dette, intitulé...more

Blake, Cassels & Graydon LLP

Debt-for-Nature Conversion Projects: New Voluntary Practice Standards

Background In June 2025, a group of conservation organizations, chaired by The Nature Conservancy, published a new set of voluntary practice standards for debt conversion projects: the Practice Standards for Debt Conversion...more

Sheppard Mullin Richter & Hampton LLP

FTC Halts Alleged $100M Debt Relief Scam Under Impersonation Rule

On July 14, the U.S. District Court for the District of Arizona granted the Federal Trade Commission’s request for a temporary restraining order against multiple defendants operating a nationwide debt relief scheme. The...more

Wiley Rein LLP

Wiley Consumer Protection Download (July 29, 2025)

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FTC Obtains Temporary Restraining Order and Asset Freeze Against Seven Debt Relief Companies and Their Owners for Allegedly Deceptive Practices. On July 14, the FTC filed a complaint and motion for temporary restraining order...more

Ballard Spahr LLP

FTC takes action against Accelerated Debt for running a debt relief scam

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An ex parte temporary restraining order has been issued against the participants in a debt relief services scheme that allegedly targeted seniors, including veterans, using a variety of deceptive practices, including falsely...more

Venable LLP

FTC’s Ever-Expanding Remedies Toolkit: GLBA and Impersonation Rule Applied to Debt Relief Scheme

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On July 14, the Federal Trade Commission (FTC) filed a complaint in the U.S. District Court for the District of Arizona against a group of companies and individuals operating under the “Accelerated Debt” brand, alleging they...more

Shipkevich PLLC

FTC Targets Deceptive Debt Relief Operation for Misleading Consumers

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In a recent enforcement action highlighting its ongoing scrutiny of deceptive debt relief schemes, the Federal Trade Commission (“FTC”) has shut down an operation accused of falsely representing affiliations with government...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Fidelity adds student match program

The 401(k) world has long been a place where innovation comes with a compliance manual and where “benefits” are often tied up in strings long before they reach employees. But sometimes, a change comes along that feels like a...more

Sheppard Mullin Richter & Hampton LLP

CFPB Moves Forward with Debt Relief Suit Over $3.4M in Alleged Advance Fees

On June 10, the CFPB moved to reopen its 2021 enforcement action against the final remaining defendant in a student debt relief case involving over $3.4 million in alleged illegal advance fees. The Bureau, under Acting...more

Ballard Spahr LLP

FTC takes action against student loan debt relief companies

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The FTC has recently taken action against two student loan debt relief companies and their owners....more

Goodwin

FTC Files Proposed Order To Resolve Allegations of Purportedly Unlawful Student Loan Debt Relief Operation

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On May 22, 2025, the FTC filed a proposed stipulated ord​er in the District Court for the Middle District of Florida to resolve allegations ​that several individuals ​and the student loan debt relief companies that they...more

Shipkevich PLLC

North Carolina Legislative Alert: House Representatives Propose Amendments to Expand Debt Adjusting Prohibitions to Ban Debt...

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Just a week from North Carlina Senators proposing Senate Bill 491, which seeks to create an act to license, examine, and regulate debt settlement services, North Carolina House Representatives Howard (R), Setzer (R), B. Jones...more

Sheppard Mullin Richter & Hampton LLP

CFPB Pushes Forward in Debt Relief Action 

In a March 10 blog post, the new Director of the FTC’s Bureau of Consumer Protection (BCP) reaffirmed the agency’s commitment to enforcing consumer protection laws through Civil Investigation Demands (CIDs). A CID is a...more

Goodwin

2024 Year in Review: Student Lending

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Welcome to the “Student Lending” chapter of our annual report, Consumer Financial Services: 2024 Year in Review. Regulators will likely continue to focus on junk fees and purported deceptive or nontransparent practices...more

Goodwin

2024 Year in Review: Debt Collection and Debt Settlement

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Although Consumer Financial Protection Bureau (CFPB) priorities and mandates are undergoing shifts with the new Trump administration, the CFPB pledged in 2024 to continue its efforts to eliminate allegedly illegal debt...more

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