CFPB Takes Action to Halt Illegal Debt Collection Practices by Lawsuit Mill and Debt Buyer

The Consumer Financial Protection Bureau (CFPB) today ordered the debt collection law firm Pressler & Pressler, LLP, two principal partners, and New Century Financial Services, Inc., a debt buyer, to stop churning out unfair and deceptive debt collection lawsuits based on flimsy or nonexistent evidence.

Read the full article at CUInsight.com.