Victims of Abusive Debt Collection Operation to Receive Partial Refunds

The FTC sued Goldman Schwartz for making false threats and collecting bogus attorney's fees and other unauthorized charges

Victims of Abusive Debt Collection Operation to Receive Partial Refunds
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June 30, 2017

The Federal Trade Commission (FTC) is mailing 4,380 refund checks totaling more than $550,000 to people harmed by Houston-based Goldman Schwartz, Inc.—a debt collection operation that also used other business names, including Cole, Tanner & Wright, and Harris County Check Recovery.

The FTC sued Goldman Schwartz for multiple law violations, including making false threats and collecting bogus attorney's fees and other unauthorized charges. The defendants were banned from the debt collection business under a settlement with the FTC.

Affected consumers will receive approximately 28 percent of the money they paid to Goldman Schwartz. The average refund check amount in this case is $127.

Be Wary of Scams

Remember, the FTC NEVER requires consumers to pay money or provide personal account information to cash a refund check. If anyone makes such a request it's more than likely a scam and should be reported to the FTC immediately.

Recipients should deposit or cash checks within 60 days.

Find Out More

Consumers with questions about the case should contact the FTC's refund administrator, Rust Consulting Inc., at (866) 683-7387.

To learn more about the FTC's refund program, visit FTC.gov/refunds.