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•Legal Helpers Fined $314,000 for Unlicensed Debt Settlement Operation (1)
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•Illinois Department of Financial and Professional Regulation (1)
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Title:  

Legal Helpers Fined $314,000 for Unlicensed Debt Settlement Operation

 
 Volume/Number:  2011 August 1 
 Issuing Agency:   
 Description:  Legal Helpers, a Chicago based debt settlement firm, was ordered to Cease and Desist its unlicensed business today by the Department of Financial and Professional Regulation (IDFPR). The Department also issued a fine of $314,000 $1,000 for each of the 314 clients it has identified thus far. This is the first disciplinary action taken since the Debt Settlement Act took effect last August. 
 Date Created:  08 01 2011 
 Agency ID:  871**11 
 ISL ID:  000000037034   Original UID: 18056 FIRST WORD: Legal