in Newswire Published on February 5, 2018

P&B Capital Group, Crown Asset Management Named in Debt Collection Complaint

Last Updated on May 8, 2018

Thomas, Individually And on Behalf of All Others Similarly Situated v. P&B Capital Group, Llc et al

Filed: January 31, 2018 ◆§ 1:18cv165

A consumer's lawsuit takes issue with a debt settlement offer made by P&B Capital Group on behalf of Crown Asset Management.

Defendant(s)

Crown Asset Management P&B Capital Group, LLC

Law(s)

Fair Debt Collection Practices Act

State(s)

New York

A New York woman alleges in a proposed class action that defendant P&B Capital Group, LLC presented her with a debt settlement offer on behalf of co-defendant Crown Asset Management, LLC that came with a deceptive and non-existent payment deadline. The lawsuit claims the letter the plaintiff received from the defendants on February 2, 2017 stated payment must be submitted on or before February 9 in order for the woman to take advantage of the deal.

“This is merely a deceptive tactic to coerce a rushed payment from [the plaintiff],” the complaint reads, pointing out that the defendants offered to settle the plaintiff’s $944.56 debt in exchange for payment of that exact same amount.

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