Freedom Debt Relief LLC, the largest U.S debt settlement services provider, agreed to pay $25 million to resolve U.S regulatory allegations it imposed improper charges on consumers and failed to settle their debts as promised. The U.S Consumer Financial Protection Bureau said that Freedom will pay a $5 million civil fine and $20 million of restitution to settle its lawsuit. Freedom was also accused of failing to tell consumers they could reclaim money deposited in their accounts if they exited their debt settlement programs.
If you are having problems with your debt settlement provider, call our law office at 816-524-4949 or visit our website at Hoorfarlaw.com