CFPB files suit against Morgan Drexen over debt-relief services

COSTA MESA, Jul 26, 2013 (GLOBE NEWSWIRE via COMTEX) — A federal lawsuit filed this week against the Consumer Financial Protection Bureau (CFPB. Co-plaintiff morgan drexen, which provides.

The Consumer Financial Protection Bureau (CFPB) is an agency of the United States. The agency was originally proposed in 2007 by then Harvard Law School. On August 22, 2013, one month after Morgan Drexen's lawsuit, the CFPB filed. alleging that Morgan Drexen charged advance fees for debt relief services in.

The Consumer Financial Protection Bureau filed a lawsuit against Morgan Drexen and its president and CEO Walter Ledda for allegedly.

a federal district court entered a final judgment this week against debt relief company Morgan Drexen, Inc., resolving a lawsuit filed by the CFPB in August 2013. The Bureau’s lawsuit against morgan drexen alleged that the company charged illegal upfront fees and deceived consumers. The court found that the company violated federal law,

In a complaint filed in federal court, the CFPB alleges that Howard Law, These firms and lawyers offer debt relief services to consumers nationwide.. fees and deceiving consumers about being charged upfront fees.. In 2016, the CFPB secured a judgment against Morgan Drexen for the same conduct.

The lawsuit alleged that Morgan Drexen charged advance fees for debt relief. freeze on Morgan Drexen's assets, the company filed a bankruptcy petition.. from customers and charging upfront fees for debt relief services.

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The lawsuit alleged that Morgan Drexen charged advance fees for debt relief. the CFPB filed a lawsuit against Morgan Drexen, the company that on July 22.

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""Morgan Drexen, Inc.,"": a software provider that has among its clients several bankruptcy attorneys, and Kimberly Pisinski, an attorney who uses Morgan Drexen’s services,

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In an unusually aggressive move, California-based Morgan Drexen, which works with law firms to provide debt relief services to consumers, launched a preemptive strike against the consumer agency in.

(The CFPB filed its lawsuit against Morgan Drexen in the same court in which it filed its lawsuit against Chance Gordon, a law firm alleged to have falsely promised mortgage loan modifications in.

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The CFPB lawsuit against Morgan Drexen Inc. and its CEO, Walter Ledda, alleges the firm overcharged 22,000 of its customers millions of dollars in upfront fees tied to debt-relief services. The agency.