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Violation Tracker Individual Record

Company: American Debt Settlement Solutions, Inc.
Penalty: $15,000
Year: 2013
Date: May 30, 2013
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Consumer Financial Protection Bureau filed a complaint in a federal district court alleging that a Florida debt-relief company misled consumers across the country and charged illegal fees for their services. The Bureau planned to submit a proposed consent order that, if approved by the court, would halt the company's operation, prevent the company and owner from providing debt-relief services in the future, and impose a $15,000 civil penalty fine.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.