Consumer Bureau Action Tracker

CFPB v. Weltman, Weinberg & Reis Co., L.P.A.


State

Ohio

target

Weltman, Weinberg & Reis Co., L.P.A.

Topics

Enforcement, Debt Collection

On April 17, 2017, “the Consumer Financial Protection Bureau filed suit in the Northern District of Ohio against Weltman, Weinberg & Reis Co., L.P.A. (“Weltman”), a debt collection law firm.” The CFPB alleged that Weltman “misrepresented the level of attorney involvement in its collection efforts,” specifically alleging that “the firm’s attorneys usually did not review individual account information to verify a debt’s accuracy or to determine the appropriateness of litigation before Weltman sent demand letters or made collection calls.” The law firm responded that their actions were “‘truthful'” and that “the CFPB’s actions were in response to Weltman’s refusal to be ‘strong-armed’ into a consent order.” This case is pending in federal court.

  • “On April 17, 2017, the Consumer Financial Protection Bureau filed suit in the Northern District of Ohio against Weltman, Weinberg & Reis Co., L.P.A. (“Weltman”), a debt collection law firm._ The CFPB’s complaint alleges that the firm misrepresented the level of attorney involvement in its collection efforts in violation of the Fair Debt Collection Practices Act and the Dodd_Frank Wall Street Reform and Consumer Protection Act.” [“Consumer Financial Protection Bureau Sues Debt Collection Law Firm for Allegedly Misleading Communications”, National Law Review, 04/20/17]
  • “The CFPB alleges that Weltman sent demand letters and made collection phone calls that implied that the firm’s attorneys had reviewed consumer-specific information when that usually was not the case. According to the CFPB’s allegations, the firm’s attorneys usually did not review individual account information to verify a debt’s accuracy or to determine the appropriateness of litigation before Weltman sent demand letters or made collection calls.” [“Consumer Financial Protection Bureau Sues Debt Collection Law Firm for Allegedly Misleading Communications”, National Law Review, 04/20/17]

 

Status

Active


1:17-cv-00817 4/17/2017 4/17/2017

CFPB Files Suit Against Law Firm for Misrepresenting Attorney Involvement in Collection of Millions of Debts
http://www.consumerfinance.gov/about-us/newsroom/cfpb-files-suit-against-law-firm-misrepresenting-attorney-involvement-collection-millions-debts/

  • Consumer Financial Protection Bureau (CFPB)
  • Federal district court case
  • United States District Court Northern District of Ohio Eastern Division
  • Nonbank
  • Pending
  • Not Available

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