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Debt relief

Federal Trade Commission (FTC)
National

FTC Secures Settlement in Transnational Student Loan Debt Relief Scam

May 26, 2025May 25, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has finalized a settlement with the operators of a transnational student loan debt relief scheme that defrauded borrowers of millions of dollars. …

FTC Secures Settlement in Transnational Student Loan Debt Relief Scam Read More

Federal Trade Commission
National

FTC Shuts Down $16.7M Student Loan Scam, Protecting Thousands from Fraud

May 18, 2025May 18, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A major student loan debt relief scam targeting financially strained consumers has been permanently dismantled following legal action by the Federal Trade Commission (FTC). The operators of …

FTC Shuts Down $16.7M Student Loan Scam, Protecting Thousands from Fraud Read More
Settlement
Pennsylvania

Scammed Out of Thousands? PA Attorney General Fights Back and Wins Big for Victims

April 5, 2025April 5, 2025 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania Attorney General Sunday has reached a settlement requiring Accelerated Debt Settlement, Inc. and its affiliated entities to pay $550,000 in penalties and refunds for allegedly illegal …

Scammed Out of Thousands? PA Attorney General Fights Back and Wins Big for Victims Read More

Federal Trade Commission (FTC)
National

FTC Cracks Down on Widespread Student Loan Scam Targeting Borrowers

March 30, 2025March 29, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has intensified its efforts to dismantle what it alleges is an unlawful student loan debt relief operation, adding five additional corporate defendants …

FTC Cracks Down on Widespread Student Loan Scam Targeting Borrowers Read More
City of Chester
Regional

Vijay Kapoor Appointed as New Chester Receiver as Michael T. Doweary Steps Down

March 14, 2025March 14, 2025 - by Maryann Pugh

CHESTER, PA — Michael T. Doweary, the longest-serving Receiver in Pennsylvania’s Act 47 program, has announced his resignation, set to take effect on June 30, 2025. Vijay Kapoor, Doweary’s Chief …

Vijay Kapoor Appointed as New Chester Receiver as Michael T. Doweary Steps Down Read More

Funds
National

FTC Issues Refunds to Victims of Abusive Debt Collection Practices

December 17, 2024December 17, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced the distribution of more than $540,000 in refunds to 1,625 individuals targeted by unlawful debt collection practices. Each affected consumer is …

FTC Issues Refunds to Victims of Abusive Debt Collection Practices Read More
Federal Trade Commission
National

FTC Halts Fraudulent Student Loan Debt Scheme

December 17, 2024December 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has taken decisive action against a Nevada-based student loan debt relief operation, alleging it defrauded consumers through false claims and illegal practices. A …

FTC Halts Fraudulent Student Loan Debt Scheme Read More

US Department of Education
National

Biden-Harris Administration Announces $4.5 Billion in Student Loan Relief for Public Service Workers

October 22, 2024October 21, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a significant move to alleviate student debt burdens, the Biden-Harris Administration has announced the approval of an additional $4.5 billion in student loan relief for over 60,000 …

Biden-Harris Administration Announces $4.5 Billion in Student Loan Relief for Public Service Workers Read More
Federal Trade Commission
National

FTC Halts Student Loan Relief Scam Targeting Spanish-Speaking Consumers

July 29, 2024July 29, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has put a stop to a scheme that deceived financially struggling consumers seeking student loan relief. The operators of the scam, who …

FTC Halts Student Loan Relief Scam Targeting Spanish-Speaking Consumers Read More
Federal Trade Commission
National

Massive Student Loan Scam Halted: Understanding the First Case Under FTC’s New Impersonation Rule

July 2, 2024July 1, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a watershed case, the Federal Trade Commission (FTC) has taken down a major student loan scam. Deploying its newly-minted Impersonation Rule for the first time, the …

Massive Student Loan Scam Halted: Understanding the First Case Under FTC’s New Impersonation Rule Read More

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