CFPB Enters Into Consent Order With Debt Collector And Its Owner To Settle Alleged FDCPA And CFPA Violations
By EsqSocial Corporation 09/04/21
The CFPB announced that it has entered into a consent order to settle the CFPB’s allegations that a debt collector, Yorba Capital Management, LLC (Yorba), and its owner, Daniel Portilla, Jr., violated the Consumer Financial Protection Act and that Yorba violated the Fair Debt Collection Practices Act. The consent order permanently bans both Yorba and Mr. Portilla from the debt collection business and orders Yorba and Mr. Portilla to pay consumer redress of $860,000 and a civil money penalty....
By: Ballard Spahr LLP