Violation Tracker Individual Record

Company: 
American Debt Settlement Solutions, Inc.
Penalty: 
$15,000
Year: 
2013
Date: 
May 30, 2013
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 Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.