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Final order entered in CFPB’s case against Morgan Drexen
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Case Law, Consumer Protection
Friday, March 18, 2016
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The U.S. District Court for the Central District of California has entered a final judgment against debt-relief company Morgan Drexen, Inc. and its president and CEO, Walter Ledda, resolving a dispute the Consumer Financial Protection Bureau filed in August 2013. Morgan Drexen filed for bankruptcy last year after it was ordered to freeze collecting fees for debt settlement work. Two attorneys have appealed the court’s final order, read on to find out why.
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