McGraw wins case against settlement company

By Jessica M. Karmasek | Mar 21, 2011


CHARLESTON -- A West Virginia judge has permanently enjoined Illinois attorney Robert K. Lock Jr. and New York lawyer Philip M. Manger and their company, Credit Collections Defense Network LLC, from doing business in the state.

West Virginia Attorney General Darrell McGraw had sued CCDN and its owners, claiming they were engaged in unlawful debt settlement activities in West Virginia.

In the lawsuit, McGraw asked the Court to enjoin the defendants from conducting any business in the state since they were not licensed to practice law in West Virginia and were running a debt settlement business that provided no relief to the state's consumers.

CCDN, a Nevada company based in Chicago with additional offices in Brick, N.J., claimed to assist consumers who were struggling financially by providing debt settlement services.

"The use of debt relief services can have serious legal and financial consequences and my office will continue to scrutinize the debt relief industry to protect our consumers," McGraw said in a statement.

To read the full story, visit Legal Newsline.

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