Skip to content

CFPB bars GA law firm and issues $3.1 CMP

GA
12/28/2015
Fine Amount: 
$3.1 million
Penalty Type: 
Issued by: 

The CFPB has reported that a proposed consent order has been filed in federal court that would resolve a lawsuit against Frederick J. Hanna & Associates, a Georgia-based law firm, and its three principal partners, for operating an illegal debt collection lawsuit mill. The CFPB complaint alleged that the defendants violated the Dodd-Frank’s prohibition on deceptive practices as well as the Fair Debt Collection Practices Act. The order, if approved by the court, would bar the firm and its principal partners from illegal debt-collection practices, including filing lawsuits without being able to verify the consumers’ debt is owed, and intimidating consumers with deceptive court filings. The order would also require the firm and its principals to pay $3.1 million to the Bureau’s Civil Penalty Fund.

Penalties View All

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Penalties