The Consumer Financial Protection Bureau (CFPB) is suing a New York law firm for allegedly misleading consumers about the amount of meaningful attorney involvement in debt collection suits. The bureau also asserted that the firm often sued for debts consumers did not actually owe or to collect on amounts exceeding what actually was owed.
A former employee of the firm attested to how little time the firm’s licensed attorneys spent reviewing collection suits before they were filed.
Learn more about the charges levied against the firm.