CFPB v. Yorba Capital Management, LLC and Daniel Portilla, Jr.

Yorba Capital Management, LLC and Daniel Portilla, Jr. allegedly engaged in deceptive acts or practices in violation of the Consumer Financial Protection Act of 2010 and Yorba violated the Fair Debt Collection Practices Act by mailing notices to consumers in an attempt to collect debt that falsely represented that consumers would be sued and that there would be further legal action if the consumers did not pay the debt amount on the notices, according to CFPB.

Summary generated from official Consumer Financial Protection Bureau press release