Aug 31, 2011 11:47 AM by Trovette Tottress
DENVER - Colorado Attorney General John Suthers announced today that his office has filed a complaint against Consumer and Business Debt Counseling Services, an Orlando, Fla.-based company, suspected of engaging in unregistered debt management services for Colorado consumers.
Consumer and Business Debt Counseling Services is suspected of providing "back end" debt management services for the Johnson Law Group, another Orlando, Fla.-based company the Office of the Attorney General filed a consumer protection lawsuit against in April 2011. The company failed to register with the state, as required by the Colorado Debt-Management Services Act, while it allegedly enrolled Colorado consumers between January 1, 2008 and August 12, 2009. Consumer and Business Debt Counseling Services also is suspected of failing to comply with Colorado after the Attorney General's Office apprised it of its misconduct in March 2011.
The Office of the Attorney General secured a $594,000 judgment against a similar Florida-based company in mid-August. That company, Enhanced Servicing Solutions, also provided "back end" debt management services for the Johnson Law Group.
Debt management companies are required by law to register with the state. To learn more about the regulation of debt management companies, file a complaint, or view a list of registered debt management companies and their disciplinary history, visit the Office of the Attorney General online at www.coloradoattorneygeneral.gov/dm.