Remove Acquisition Remove Bankruptcy Remove Debt collector Remove Trade
article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

billion to Gemini Earn Program (Earn) customers through the Genesis Global Capital, LLC (GCG) bankruptcy proceeding. Additionally, Gemini has pledged to contribute $40 million to the GCG bankruptcy proceedings for the benefit of Earn customers. For more information, click here. s Municipal Regulations.

article thumbnail

Why Buffalo is a hub for illegal debt collectors

Collection Industry News

Ciffa’s offices in Niagara Falls and Kenmore, debt collectors intimidated their victims with illegal threats of arrests and lawsuits. According to federal prosecutors, an elderly cancer patient in Texas was so rattled by the threats that she borrowed $500 from her sister to help pay off a debt of $1,285. Source: site.