NY Attorney General Wins $200,000 Suit Against Debt Settlement Firm

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NY Attorney General Wins $200,000 Suit Against Debt Settlement Firm
New York Attorney General Andrew Cuomo Thursday announced that his office has won a lawsuit against a national debt settlement company that bars the company from doing business in the state unless it posts a $500,000 performance bond to protect consumers. The decision also imposes fines and penalties of about $200,000 on the company.A lawsuit was filed in May alleging that Phoenix-based Nationwide
 
Topic: Collections Industry