JDSUPRA · USA ·

Connecticut fines debt collector and issues cease-and-desist order

→Enforcement action blocks unlawful practices

Governance Financial Services
Change
Connecticut’s banking regulator imposed a $200,000 fine, restitution and a cease-and-desist order on a debt collector.
Why it matters
The order prohibits specific collection practices, establishing enforceable limits on permissible conduct.
Implications

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Source
JDSUPRA
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