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Carr Stops Company from Exploiting Georgians

ATLANTA, GA – Attorney General Chris Carr today announced that Burlington Financial Group, LLC, Katherine Burnham, Sang Yi, and Richard Burnham (Burlington) have entered into a consent judgment with the State of Georgia and the Consumer Financial Protection Bureau (CFPB) to resolve allegations that they violated the Telemarketing Sales Rule, the Fair Business Practices Act (FBPA), and the Debt Adjustment Act in connection with the marketing, sale, and provision of debt relief and credit repair services. “Illegal debt adjustment practices exploit consumers who are already vulnerable, like older or at-risk adults, by hurting their credit and exposing them to legal consequences,” said Attorney General Chris Carr. “We will not tolerate this unfair conduct in Georgia.”  

CPFB Settles with Debt-Relief and Credit-Repair Company for Deceptive Services | Weiner Brodsky Kider PC

To embed, copy and paste the code into your website or blog: The U.S. District Court for the Northern District of Georgia recently entered a stipulated final judgment and order between the CFPB and a debt-relief and credit-repair company and its owners, for soliciting customers with false promises that the company would eliminate credit-card debts and improve credit scores, in violation of the Telemarketing and Consumer Fraud and Abuse Prevention Act, the Telemarketing Sales Rule, the Consumer Financial Act of 2010, and the Fair Business Practices Act.  The complaint, which the CFPB filed jointly with the State of Georgia, alleges that the company targeted financially vulnerable customers through telemarketing, collecting millions of dollars in advance fees, claiming that it provided “debt validation” services that would eliminate debt.  The complaint further alleges that consumers’ credit scores were not tracked, and that consumers were often left with increased debt and

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