Amanda Russo

Goodwin

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Latest Posts › Debt-Relief Industry

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FTC Settles with Student Debt Relief Companies for $19 Million

On September 28, 2018, the Federal Trade Commission (FTC) announced that it had reached a settlement with loan debt relief operators in connection with the coordinated federal-state enforcement initiative to target deceptive...more

12/19/2018 / Civil Monetary Penalty , Consumer Financial Products , Debt-Relief Industry , Department of Education , Enforcement Actions , Federal Trade Commission (FTC) , Loan Servicer , Settlement , Student Loans

FTC and Florida AG Agree to Nearly $5 Million Settlement With Defendants Pitching “Worthless” Credit Card Interest Rate Reductions

On June 5, 2017, the Federal Trade Commission (FTC) announced that a federal district court had entered its eighth order against the remaining defendants in an illegal robocall ring in which defendants promised to help...more

6/9/2017 / Debt-Relief Industry , Enforcement Actions , Federal Trade Commission (FTC) , Material Misstatements , Robocalling , Telemarketing

FTC Reaches $1.7 Million Settlement with Final Defendant in Mortgage Relief Scheme

On February 23, 2017, the Federal Trade Commission (FTC) announced that it entered into a settlement with the final individual defendant in an alleged mortgage relief scheme worth over $1.7 million. As a result of a...more

2/28/2017 / Debt-Relief Industry , Enforcement Actions , Federal Trade Commission (FTC) , Loan Modifications , Mortgage Assistance Relief Services (MARS) , Mortgages

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