mastodonmigration OP ,
@mastodonmigration@mastodon.online avatar

🤦‍♂️ You just couldn't make this stuff up...

"...violated numerous federal laws by pressuring borrowers through the use of illegal debt collection tactics, including using phony caller ID information, falsely threatening to refer borrowers for investigation or criminal prosecution, and illegally disclosing information about debts to borrowers’ employers, friends and family."

more...

(“Wilshire”) had violated numerous federal laws by pressuring borrowers through the use of illegal debt collection tactics, including using phony caller ID information, falsely threatening to refer borrowers for investigation or criminal prosecution, and illegally disclosing information about debts to borrowers’ employers, friends and family. Id., Ex. 6 at 5-20. The CFPB ordered the companies to overhaul their debt collection practices, provide restitution to consumers of $44.1 million and pay a civil penalty of $4.25 million. Id. at 23-24, 26-31. Just two years later, these same two Hankey Group companies entered into a settlement with the U.S. Department of Justice (“DOJ”) to pay restitution and civil penalties totaling $760,788 to resolve charges that they violated the Servicemembers Civil Relief Act (“SCRA”) by repossessing 70 vehicles owned by members of the armed forces without first obtaining the required court orders. Id., Ex. 7 at 1, 13- 19. The same companies agreed to pay an additional penalty of $225,000 in September 2022 to settle charges by the DOJ that they violated other provisions of the SCRA. Id., Ex. 8 at 2-8.
ALT
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