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Telemarketing Sales Rule Debt-Relief Industry UDAAP

Ballard Spahr LLP

Federal district court refuses to dismiss CFPB lawsuit against law firms and attorneys for unlawful debt relief practices

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A California federal district court has refused to dismiss a lawsuit filed by the CFPB in January 2017 against several law firms and attorneys alleging that the defendants violated the FTC’s Telemarketing Sales Rule (TSR) and...more

Ballard Spahr LLP

CFPB announces settlement of lawsuit against student loan debt relief company

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The CFPB announced the filing of a proposed stipulated final judgment and order in its December 2014 lawsuit against Student Loan Processing.US (a fictitious business name of Irvine Web Works, Inc.) and its individual owner....more

MoFo Reenforcement

Student Debt Relief Services Slapped with TSR and UDAAP Claims

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On December 11, 2014, the CFPB filed two actions against debt relief companies. Complaint for Permanent Injunction and Other Relief, Consumer Fin. Prot. Bureau v. IrvineWebWorks, Inc., No. 8:14-cv-1967 (C.D. Cal. Dec. 11,...more

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