A.G. Underwood Announces Joint Lawsuit With Federal Trade Commission To Shut Down Phantom Debt Colle
A.G. Underwood's office press release -------- Attorney General Barbara D. Underwood today announced a joint lawsuit with the Federal Trade Commission (FTC) to stop the collection and distribution of “phantom debts” that consumers do not actually owe. The complaint alleges that Hylan Asset Management, LLC and its owner Andrew Shaevel, and Worldwide Processing Group, LLC and its owner Frank Ungaro Jr. violated New York State’s fair debt collection statute and laws prohibiting deceptive acts and practices, as well as the FTC Act. It also alleges that certain defendants violated the Fair Debt Collection Practices Act. The lawsuit seeks to permanently stop this illegal conduct and to obtain money to provide refunds to consumers. To learn more click on the picture below to read the release.