CFPB Shuts Down Commonwealth Financial Systems for Illegal Debt Collection Practices
Collection Industry News
DECEMBER 19, 2023
The Consumer Financial Protection Bureau (CFPB) today took action against a medical debt collector, Commonwealth Financial Systems, for illegally trying to collect unverified medical debts after consumers disputed the validity of the debts. Accordingly, the CFPB has taken numerous actions on the issue of medical debt.
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