Patrick Lunsford
A U.S. district court has granted a temporary restraining order halting an operation based in Atlanta and Cleveland that allegedly used deceptive and threatening tactics to collect phantom payday loan “debts” that consumers either did not owe, or did not owe to the defendants at the request of the Federal Trade Commission. The court purchase freezes the defendants’ assets to protect the chance of supplying redress to consumers, and appoints a receiver.
Based on the FTC, the defendants operated under a number of fictitious company names that implied an affiliation with a statutory lawyer or borrow money now Virginia a police agency, such as for example worldwide Legal Services, Allied Litigation Group, United Judgment & Appeals, Dockets Liens & Seizures, and United Judgment Center. Utilizing robocalls and sound messages that threatened action that is legal arrest unless consumers reacted in just a few days, the defendants have collected and prepared huge amount of money in re payment for phantom debts, based on the issue. Continue reading “FTC Has Court Power Down Collector of Fake Pay Day Loan Debts”