Quick Answer: Morgan Drexen was not a legitimate debt settlement company and is no longer in business after regulators shut it down for illegal practices. West Virginia’s Supreme Court recently upheld rulings that the company misrepresented non-lawyer services as attorney-operated debt settlement programs.Morgan Drexen was a large settlement company that at one time was making …
Quick Answer: Morgan Drexen was a debt settlement network that faced legal action from the CFPB for alleged illegal practices, with successor firms Howard Law, P.C., Williamson & Howard, LLP, and others allegedly continuing similar activities. The case stems from violations of the 2010 Telemarketing Sales Rule prohibiting debt relief companies from charging fees before …
Quick Answer: The CFPB filed federal charges against three law firms (Howard Law, Williamson Law Firm, and Williamson & Howard) and attorneys Vincent Howard and Lawrence Williamson for charging illegal upfront fees to debt relief consumers. These defendants allegedly collaborated with Morgan Drexen, which the CFPB shut down in 2015 for similar violations.The Consumer Financial …
Quick Answer: A judge ordered Vincent Howard, Lawrence Williamson, and their law firms to refund $5.3 million to consumers for illegal debt settlement fees, but the entities claim they only have $50,000 available. The Consumer Financial Protection Bureau will likely pursue the attorneys personally to recover the remaining funds for affected consumers.Judge Stanton has ordered …
Quick Answer: A federal court ordered Morgan Drexen to pay $132.8 million in restitution plus a $40 million penalty after the CFPB successfully proved the debt relief company charged illegal upfront fees and deceived consumers. The company is permanently banned from collecting further customer fees.At the request of the Consumer Financial Protection Bureau, a federal …
Quick Answer: Seila Law’s legitimacy remains unclear as it appears connected to former Howard Law employees amid ongoing CFPB contempt proceedings. The firm allegedly seeks to provide debt settlement services to Howard Law’s former clients, though Howard and Williamson attorneys deny any ownership or control of Seila Law.The court battles drag on in the ex-Morgan …
Quick Answer: Morgan Drexen was not legitimate, as the Consumer Financial Protection Bureau successfully shut down the debt settlement company for manipulating evidence and not acting in consumers’ best interests. The company’s associated attorneys recently abandoned the debt settlement business but lack sufficient funds to refund harmed consumers.Morgan Drexen was a nationwide debt settlement enterprise …
Quick Answer: The CFPB filed court documents alleging that Howard Law cannot continue Morgan Drexen’s debt settlement operations after the company’s closure. Records show the CFPB disputes Howard Law’s claim that former Morgan Drexen clients were actually law firm clients exempt from court shutdown orders.Last week the Consumer Financial Protection Bureau (CFPB) deposed Walter Ledda, …
Quick Answer: Howard Law argues the CFPB cannot seek relief against them in the Morgan Drexen case because the agency deliberately excluded the law firms from the original action despite knowing about their contractual relationship. The firm contends this exclusion deprives the CFPB of jurisdiction over their operations and clients under established legal precedent.Rather than …
Quick Answer: Morgan Drexen faced a permanent injunction from the Consumer Financial Protection Bureau in June 2015 for violating telemarketing and consumer protection laws. The CFPB has since filed contempt motions against associated attorneys Vincent Howard and Lawrence Williamson for allegedly continuing violations despite the court order.In just the past few days the Morgan Drexen …
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