Defendants in Student Loan Debt Relief Scheme Banned from Industry in Settlement with FTC and Florida

WASHINGTON, May 25, 2016 /PRNewswire-USNewswire/ — The Federal Trade Commission and the State of Florida have taken action against two operations charged with running phony student loan debt.

Investigates · Legal Industry · USA Herald. Final court order against student debt relief scammer. prohibited him from advertising, marketing, or promoting debt relief. debt relief scheme that targeted consumer with student loan debt.. a federal court stopped the defendants' student debt relief scheme.

Finally, in a separate case, the operators of another student debt relief scheme agreed to a settlement with the FTC that will permanently ban them from the debt relief business. The FTC alleged that Tobias West and his wife, Komal West, the owners of Good EBusiness, Select Student Loan Help LLC and Select Document Preparation Inc., charged consumers upfront fees of $500 to $800 based on false claims that they could renegotiate, settle or alter payment terms on student loan debt.

The FTC also alleged that the defendants charged consumers illegal upfront fees of $300 or more for these purported debt relief services. At the request of the FTC, a federal court temporarily halted the scheme and froze its assets .

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The Federal Trade Commission charged the operators of a phony student loan debt relief and credit repair scheme with bilking millions of dollars from consumers by falsely promising to reduce or.

FTC files lawsuit against student loan debt relief companies. The FTC alleges these representations were deceptive in violation of Section 5 and material misrepresentations in violation of the TSR because while the Department of Education and state government agencies administer loan forgiveness and discharge programs,

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On February 27, 2017, the district court issued an opinion addressing these issues in response to the defendants’ motion for summary. both of which formed the basis of her claim for relief that the.

A mark is meant to identify the source of a product or service to consumers, so it must be unique in the industry in which it is being used. Though it is advisable to engage a competent professional.