Phantom debt is a term for debt that either does not exist, has already been discharged, or has been artificially (and illegally) inflated, but somehow continues to haunt the debtor.
Attorney General Karl A. Racine announced today that PEAKS Trust, a private loan program run by the defunct for-profit school ITT, will provide more than $580,000 in debt relief for former students in the District as part of a settlement with 48 attorneys general and the federal Consumer Financial Protection Bureau.
AG Racine Announces $116 Million Multistate Settlement With Johnson & Johnson For Deceptive Marketing Of Transvaginal Mesh Device
Attorney General Karl A. Racine today announced a multistate settlement along with 41 states requiring Johnson & Johnson and its subsidiary Ethicon, Inc. to pay more than $116 million for their deceptive marketing of transvaginal surgical mesh devices.
AG Racine Urges FDA To Stop Orange Book Patent Listings That Prevent Consumers From Accessing Affordable, Life-Saving Drugs Like Insulin
Attorney General Karl A. Racine today led a bipartisan coalition of 23 state and territory attorneys general in a bipartisan letter urging the Food and Drug Administration (FDA) to prohibit use of the FDA Orange Book to block competition.
AG Racine Sues Instacart for Charging District Consumers Millions in Deceptive Service Fees, Not Paying Sales Tax
Attorney General Karl A. Racine today announced a lawsuit against Instacart, a grocery delivery service, for charging District consumers millions of dollars in deceptive service fees and for failing to pay hundreds of thousands of dollars in District sales tax.
AG Racine Announces $85 Million Multistate Settlement with Honda Over Concealing Airbag Safety Defects
Attorney General Karl A. Racine today announced that Honda will pay more than $85 million as part of a multistate settlement with 48 Attorneys General over allegations that the company concealed air bag safety issues in certain Honda and Acura vehicles sold in the United States.
Attorney General Karl A. Racine today filed suit against the parent company of Washington Sports Club (WSC), Town Sports International, LLC (TSI), for failing to abide by promises made to gym members while its facilities were closed due to the COVID-19 pandemic.
AG Racine Leads 20-State Coalition Urging Facebook to Aggressively Combat the Spread of Hate and Disinformation Online
Attorney General Karl A. Racine, New Jersey Attorney General Gurbir S. Grewal, and Illinois Attorney General Kwame Raoul today co-led a coalition of 20 state Attorneys General calling on Facebook, Inc. (Facebook), to adopt additional preventive measures against the spread of hate and disinformation on its platform.
Admitting a loved one to a nursing facility can be a difficult and costly choice. Family members making this decision should have the peace of mind that they are being treated fairly during the process.
Attorney General Karl A. Racine today joined a coalition of 23 Attorneys General in a lawsuit against Secretary of Education Betsy DeVos and the U.S. Department of Education (ED) to stop the unlawful repeal of the 2016 “borrower defense” regulations that protect student borrowers.