Enforcement Alert from Hudson Cook; Debt-Relief Enterprise Forced into Receivership by CFPB, Seven States

Editor's Note: This article, authored by Mark E. Rooney and Mark D. Metrey previously appeared in Hudson Cook’s Insights Blog and is re-published here with permission. 

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The Consumer Financial Protection Bureau ("CFPB") and Attorneys General from seven states recently obtained a temporary restraining order ("TRO") against a debt-settlement enterprise and forced it into receivership.

Case Summary: 

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