December 15

Recent Compliance Issues: 11/28/14 – 12/11/14

1. On 12/4/13, the Consumer Financial Protection Bureau (CFPB) announced that it has asked a federal district court to enter a consent order requiring a debt collection firm to pay a fine of $69,075 for charging consumers illegal, upfront fees for debt-settlement services they never received, and take other steps to prevent future legal violations..