Colorado Attorney General John Suthers has obtained a $590,000 judgment against Orlando, Fla.-based Enhanced Servicing Solutions. Suthers said the company engaged in unregistered debt management services for Colorado consumers.
The judgment, amounting to $500,000 in fines and $90,000 in consumer restitution, follows a complaint against the company and its president, Thomas Roland. The judgment does not resolve the allegations against Roland.
According to the complaint, Enhanced Servicing Solutions provided “back end” debt management services for the Johnson Law Group, another Orlando, Fla.-based company facing a lawsuit filed by Suthers' office.
Enhanced Servicing Solutions failed to register with the state of Colorado to comply with the Colorado Debt Management Services Act.
According to the complaint, filed in Denver District Court, Enhanced Servicing Solutions ignored not only a December 17, 2010 letter from the state notifying it of Colorado’s registration requirements, but also did not respond to a January 25, 2011 subpoena.
Debt management companies are required by law to register with the state.