GAO's investigation found that some debt
settlement companies engage in fraudulent, deceptive, and abusive practices that pose a risk to consumers.
However, there have been allegations that some debt
settlement companies engage in fraudulent, abusive, or deceptive practices that leave consumers in worse financial condition.
The GAO report found that «some debt
settlement companies engage in fraudulent, deceptive, and abusive practices that pose a risk to consumers.»
«GAO found the experiences of its fictitious consumers to be consistent with widespread complaints and charges made by federal and state investigators on behalf of real consumers against debt
settlement companies engaged in fraudulent, abusive, or deceptive practices,» the report concluded.
Not exact matches
Gawker Media Group is
engaged in preliminary talks with the former professional wrestler Hulk Hogan to reach a
settlement over a $ 140 million court judgment that led the
company to file for bankruptcy protection, the Wall Street Journal reported on Sunday.
By causing Retrophin to enter into these
Settlement Agreements for his own benefit and for the benefit of MSMB without disclosing the agreements to the Board or seeking Board approval, Shkreli
engaged in self - dealing and breached his duty of loyalty to the
Company.
Several members, including Reps. Diana DeGette (D - CO) and Debbie Dingell (D - MI), pointed out that FTC consent decrees —
settlement orders
companies enter into when the FTC finds that they have
engaged in unfair or deceptive practices — lack teeth because the FTC can only assess fines if the
company subsequently violates the order.
In a statement this week the authority said that as a result of the
settlement the two
companies» dairies «both gave undertakings in the High Court last Friday - 25 July - that they would comply with the terms of the Competition Act 2002 and not enter into any agreement, or
engage in any concerted practice, to fix the retail price of liquid milk».
«I make this final call to you to
engage personally in assisting TfL and the bus operating
companies in finding a just
settlement to this matter; as the mayor of our city, chair of Transport for London and our host for the games.
Penguin is not settling in either region, but Joaquin Almunia, VP of the EC's antitrust unit, said in a statement that the EC is «
engaged in constructive discussions» with Penguin's parent
company Pearson «in order to achieve a possible
settlement that would allow the Commission to close the proceedings against them.»
Before
engaging the services of a
company for negotiating an advance
settlement, be sure to check the price you'll pay for this service.
Before
engaging a Debt
Settlement company, ask questions to make sure they are fully accredited, licensed and compliant with the appropriate best practice standards.
Once you
engage with a
settlement service they will be able to work to stop the phone calls and letters that you have been getting from collection agencies and
companies.
Additionally, some debt
settlement companies deceive consumers by making promises they do not keep and
engaging in other illegal conduct (like charging fees before obtaining any
settlements, in violation of the TSR).
Credit
settlement company: This debt - resolution entity
engages in negotiation with lenders to halt collection calls, significantly reduce their clients» balances, and settle the debt for a lower sum than what is due.
NoteWorld
engages and relies upon a network of «front - end» debt
settlement companies («Front DSCs») that it utilizes to recruit customers.
Under the terms of the plea and
settlement agreements, Siemens has
engaged Theo Waigel, former German Finance Minister, as its compliance monitor to evaluate and report on the
company's progress in implementing and operating its new compliance programs.
Breach Of Contract Case
Settlement Two small
companies engaged Sutliff & Stout to pursue fraud and breach of contract claims related to bad business deals.
We will
engage in intricate and detailed negotiations for a fair
settlement from the insurance
company.
There may be times when you need to
engage with an insurance
company or motorist in order to initiate an auto insurance
settlement after an accident.
United India Insurance
Company has already
engaged four TPAs for outsourcing claim
settlement and other related services in third party motor insurance and one of them has started functioning in Kerala's commercial city of Kochi, insurance sources said.
SAN FRANCISCO — Accusing Facebook of
engaging in «unfair and deceptive» practices, the federal government on Tuesday announced a broad
settlement that requires the
company to respect the privacy wishes of its users and subjects it to regular privacy audits for the next 20 years.