CFPB v. Yorba Capital Management, LLC and Daniel Portilla, Jr.
On April 6, 2021, the Bureau issued a consent order against Yorba Capital Management, LLC (Yorba), and its owner and managing member, Daniel Portilla, Jr. (Portilla).
The Bureau found that from January 2017 until at least April 2020, Yorba and Portilla engaged in deceptive acts or practices in violation of the Consumer Financial Protection Act of 2010 and that Yorba violated the Fair Debt Collection Practices Act by mailing notices to consumers in an attempt to collect debt that falsely represented that consumers would be sued and that there would be further legal action if the consumers did not pay the debt amount on the notices.
In September 2022, the CFPB began mailing checks to eligible consumers who were subjected to the deceptive acts or practices of the defendants and charged fees by Yorba Capital Management, LLC and Daniel Portilla, Jr.
The CFPB has contracted with RUST Consulting to administer payments for this case and to answer questions from consumers. For questions related to this case, please:
- Call: 1-833-539-2844 (Toll-Free)
- Email: YorbaCapital_info@rustcfpbconsumerprotection.org
- Write: CFPB v. Yorba Capital Management, Third Party Administrator – 7588, PO Box 2561, Fairbault, MN 55021-9561
September 2022 – Ongoing: Distribution