WV Attorney General Reclaims Canceled Debts, Refunds - Beckley, Bluefield & Lewisburg News, Weather, Sports

WV Attorney General Reclaims Canceled Debts, Refunds

CHARLESTON -

To protect West Virginia consumers from illegal debt collection, Attorney General Darrell McGraw made an agreement with DP & Associates of Irvine, Calif., that mandates the debt collection company to pay $1.7 million in refunds and canceled debts.

An investigation by the Attorney General's Office resulted in the signing of an "assurance of Discontinuance," in which DP agreed to close all West Virginia accounts with a zero balance; alert credit-reporting bureaus to delete references to the debts; refund all sums it collected; and report any judgments obtained against the state's consumers, according to a press release from McGraw's office.

The agreement canceled debts for about 124 West Virginians.