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Consumer Financial Protection Bureau and Department of Justice Collaborate in Actions Against Debt Settlement Company

Consumer Financial Protection Bureau and Department of Justice Collaborate in Actions Against Debt Settlement Company
Sunday, May 12, 2013

In a first-of-its-kind collaboration, the Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Justice have taken coordinated action against a debt settlement company by filing both a criminal indictment and a civil complaint on the same day.

Should the Cordray recess appointment eventually be found to be illegitimate, any action undertaken during his tenur could potentially be challenged.

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