• Safi Bello

U.S. Trustee Program Reaches $5 Million Settlement with Citibank to Protect Debtors in Bankruptcy

U.S. Department of Justice press release ----------- The Department of Justice’s U.S. Trustee Program (USTP) has entered into a national settlement agreement with Citibank N.A. (Citibank), Department Stores National Bank (DSNB) (collectively Citi), and FDS Bank requiring Citi to pay $5 million to remediate robo-signed proofs of claim filed in consumer bankruptcy cases in connection with more than 71,000 Macy’s-branded credit card accounts, Director Cliff White of the Executive Office for U.S. Trustees announced today. To learn more click on the picture below to read the release.

U.S. Trustee Program Reaches $5 Million Settlement with Citibank to Protect Debtors in Bankruptcy - Read More from DOJ

1 view
Featured Posts
Recent Posts
Follow Us
  • Instagram
  • Pinterest
  • Tumblr Social Icon