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Attorney General Jennings announces $1.85 billion Navient settlement

Attorney General Jennings announces $1.85 billion Navient settlement
delaware.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delaware.gov Daily Mail and Mail on Sunday newspapers.

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Consumer Protection Unit files action against unlicensed debt-management company


Delaware Attorney General Kathy Jennings’ Consumer Protection Unit announced Monday, Feb. 8, that they had filed an administrative lawsuit against Centerdon Group Inc. n/k/a Hilvanim Group Inc., a California corporation, for violating the Delaware Uniform Debt-Management Services Act, the Delaware Consumer Fraud Act and the Delaware Deceptive Trade Practices Act.
“Delawareans who are struggling with debt deserve our help, not exploitation,” said Jennings. “Centerdon targeted elderly and low-income victims in our state who were looking for assistance with getting out of debt. Centerdon strung them along and charged them high fees through illegal debt-management contracts, all without providing meaningful assistance. We will hold Centerdon accountable for their illegal and misleading debt management services, along with any other providers of illegal debt management services.” ....

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