If you were one of the thousands of people who paid illegal upfront fees for debt settlement services to Morgan Drexen, you may be eligible to receive compensation.
When we take an enforcement action against a person or company for violating a consumer financial protection law, that person or company may have to compensate people for the harm they caused.
Bureau Orders Financial Services Company to Pay $255,000 to Consumers
Credit Union Used False Threats to Collect Debts and Placed Unfair Restrictions on Account Access
Online Lender Did Not Help Consumers Build Credit or Access Cheaper Loans, As It Claimed
Lender Also Illegally Exposed Borrowers’ Debt Information to Employers, Friends, and Family
Consumer Financial Protection Bureau Takes Action Against Bridgepoint Education, Inc. for Illegal Student Lending Practices
CFPB Orders Full Relief and Refunds for All Private Loans Made by the School
Consumer Financial Protection Bureau Orders Santander Bank to Pay $10 Million Fine for Illegal Overdraft Practices
Bank Deceptively Marketed Its Overdraft Service to Consumers, Violated “Opt-in” Rule
Morgan Drexen has gone out of business. If you are a Morgan Drexen customer, you must take action on your debts. You can also request a refund of any money that is currently in your settlement account.
Written Testimony of David Silberman Before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit
Chairman Neugebauer, Ranking Member Clay, and Members of the Subcommittee, thank you for the opportunity to testify today about the Consumer Financial Protection Bureau’s (Bureau) work to strengthen our financial system so that it better serves consumers, responsible businesses, and our economy as a whole. My name is David Silberman and I am the Associate […]