CFPB v. Global Client Solutions, et al
The Consumer Financial Protection Bureau, or CFPB, reached a legal settlement with Global Client Solutions (GCS) in August of 2014.
The CFPB alleged that GCS broke the law by helping debt-relief companies to collect illegal fees that people paid in advance for debt relief programs. The final order banned Global Client Solutions from enabling other companies to collect illegal fees from consumers. The defendants will be subject to monitoring by the CFPB and will be required to make reports to the CFPB to ensure their compliance.
The CFPB contracted with Epiq Systems, Inc. to administer payments for this case and to answer questions from consumers. This matter is now closed.
Payments and check reissue requests are no longer being honored. For more information on this closed case, contact us at Consumer Financial Protection Bureau, Attn: OCFO Global Client Solutions, 1700 G Street NW, Washington DC 20552.
April 2017 – July 2019: Distribution