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UNITED STATES v UNICOR FUNDING INC Click to find out why . . .



Keywords & Phrases
CaseNo: USVUFI175752, CourtCode: FED, CourtName: FEDERAL TRADE COMMISSION, Plaintiff: UNITED STATES, State: CA California, UniqueCaseRef: LCD>USVUFI175752, Act, Consumer, Consent Decree, Federal Trade Commission, Consumer Reporting, Credit, Trade Commission, United States, Violations, Fcra, Ftc Act, Practices, Solicitations, Complaint, Prescreening, Entry, Civil Penalties, Alleges, Postcards, Unicor Funding, Hereby, Fair Credit Reporting, Washington, Paragraph, Payment, Civil Division, Justice, California, Consumer Reporting Agency, Deceptive Acts, Penalty, Amount, Directives, Financial Practices, Violation, Numerous Instances, Compliance , ContentID: 120248112

Case Documents
1   CONSENT DECREE
[ see first page and extracted highlights below  ] ItemID: 119923
7 pages
PDF
2   COMPLAINT
[ see first page and extracted highlights below  ] ItemID: 119922
6 pages
PDF
Total Documents: 2 documents , 13 pages
Price: $ 24.95


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1 . CONSENT DECREE

EXTRACTED KEY WORDS
DEFENDANT
TRADE COMMISSION
ACT
FEDERAL TRADE COMMISSION
ATTORNEY
ENTRY
UNITED STATES
UNICOR FUNDING
HEREBY
FAIR CREDIT REPORTING
WASHINGTON
PAYMENT
CIVIL DIVISION
JUSTICE
COMPLAINT
PENALTY
AMOUNT
CONSUMER
DIRECTIVES
FINANCIAL PRACTICES
VIOLATION
COMPLIANCE
SETTLEMENT
PLAINTIFF
PERSONAL SERVICE
PURSUANT
CONSUMER LITIGATION
SERVANTS
EMPLOYEES
          1  ALEJANDRO  N.  MAYORKAS
                United  States Attorney
          2

          3
          4  California  Bar Number:  18 1073                               1         1
          5
          6
          7
          8  Attorneys  for  Plaintiff
                United  States of  America
          9
                                                    UNITED  STATES  DISTRICT
         10                                                                                    
                                                  CENTRAL  DISTRICT  OF  CAL I  &jQ@AL             
         11                                                                                        
                                                            WESTERN  DIVISION
         12                                                                                        
         13  UNITED  STATES  OF AMERICA
         14
                        Plaintiff,                                  1        CIVILNO.  yficd       
         15                                                                                        
         16                       V.                                1        CONSENT  DECREE
                UNICOR  FUNDING,  INC.,
         17                                                         1
                    a California  corporation                       1
                                                                    )
         18
                        Defendant.                                  I
         19
         20             WHEREAS:  Plaintiff,  the United  States of  America,  has commenced  this
         21  Complaint  herein;  defendant  has waived  service  of the Summons  and Complaint; 
w        22  represented  by  the  attorneys  whose  names appear hereafter;  and the  parties 
e'ii
SE       23  of  this action  upon  the  following  terms and conditions,  without  adjudication 
                and without  defendant  admitting  liability  or  fault  for  any of  the matters 
                        THEREFORE,  on  the  joint  motion  of  plaintiff  and  defendant,  it  is 
                ADJUDGED,  AND  DECREED  as follows:
                                                                    FINDINGS
                        1.        This  Court  has jurisdiction  of  the  subject matter  and  of 



 1            2.       The  Complaint  states a ciaim  upon  which  relief  may be  granted 
 2  m&r  Sections S(a)(l),  9, 13(b), and  16(a)  of  the Federal Trade  Commission  Act  ("FTC 
 3  $4 45(a)(l),  49,53(b)  and  56(a),  and  under  the Fair  Credit  Reporting  Act,  15 U.S.C. 
 4  Entry of  this Final  Judgment  is in the  public  interest;
 5            3.       The Commission  has the authority  under  Section  13(b)  of  the  Federal 
 6  \ct  and  Section  621  of  the  Fair  Credit  Reporting  Act  to  seek the  relief  it  has
SNIPPETS:
  • United States Attorney
  • United States of America
  • 21 Complaint herein; defendant has waived service of the Summons and Complaint; the parties
  • THEREFORE, on the joint motion of plaintiff and defendant, it is hereby ORDERED,
  • Entry of this Final Judgment is in the public interest;
  • \ct and Section 621 of the Fair Credit Reporting Act to seek the relief it has requested;
  • 23 entry of this Consent Decree by electronic fund transfer in accordance with the
  • 24 the O&e of Consumer Litigation, Civil Division, U.S. Department of Justice, Washington,
  • 25 In the event of any default in payment, which default continues for ten days beyond the
  • 17 r servants, employees and attorneys, and all persons in active conceit or participation
  • 18 of them who receive actual notice of this Consent Decree by personal service or otherwise,
  • 10 complying with this paragraph, file an aflidavit with the Court, and serve the Federal
  • 11 by mailing a copy thereof to the Associate Director for Financial Practices, Bureau of
  • 19 demonstrating compliance with the terms and provisions of this Consent Decree.
  • for purposes of collecting and reporting on any delinquent amount arising out of its
  • further order or directives as may be necessary or appropriate for the interpretation or
  • or as justice may require.
  • Office -df Consumer Litigation
  • FOR THE DEFENDANT UNICOR FUNDING,
  • This statement accompanies the Consent Decree executed by defendant Unicor Funding Inc. in
  • The amount should assure compliance with the law by defendant and others who may be in

  • 2 . COMPLAINT

    EXTRACTED KEY WORDS
    ACT
    CONSUMER REPORTING
    CREDIT
    VIOLATIONS
    DEFENDANT
    FCRA
    FTC ACT
    PRACTICES
    SOLICITATIONS
    PRESCREENING
    CIVIL PENALTIES
    ALLEGES
    POSTCARDS
    ATTORNEY
    UNITED STATES
    FEDERAL TRADE COMMISSION
    PARAGRAPH
    CALIFORNIA
    CONSUMER REPORTING AGENCY
    DECEPTIVE ACTS
    NUMEROUS INSTANCES
    ASSISTANT
    COMPLAINT
    MONETARY CIVIL PENALTIES
    AUTHORITY
    UNFAIR
    COMMERCE
    HOUSING
    LOANS
    
                   ALEJANDRO  N. MAYORKAS
                   United  States Attorney               -
                   LEON  W.  WEIDh4AN
                   Assistant U.S. Attorney
              3  Chief,  Civil  Division
                   Wendy  L.  Weiss
             4  Assistant United  States Attorney
                   California  Bar  Number:  18 1073
              5  Room  75 16, Federal  Building                                                        
                   300 North  Los  Angeles  Street
             6  Los Angeles,  CA  900 12
                   Telephone:  (2 13) 894-0444
             7  Facsimile:  (2 13)  894-2380
             8  Attorney  for  Plaintiff
                   United  States of  America
             9
            10                                       UNITED  STATES  DISTRICT  COURT
            11                                 FOR  THE  CENTRAL  DISTRICT  OF  CALIFORNIA             
            12                                                    WESTERN  DIVISION
            13
                                                                                >
            14  UNITED  STATES  OF  A.MERiCA                                    i >
            15             Plaintiff,                                           )  CIVIL  NO.+k      v 
                                                                                1
            16                      V.
                                                                                1
            17  UNICOR  FUNDING,  INC.,                                         )  COMPLAINT
                           a California  corporation
            18                                                                  1
                           Defendant.                                           i                      
            19                                                                  )
            20             Plaintiff,  the United  States of America,  acting upon  notification  and
            21  General  by  the  Federal  Trade  Commission  ("Commission"),  by  its undersigned 
            22  complaint  alleges as follows:
            22                                                 JURISDICTION     AND  VENUE
            24
    h              1.      This  is an action  arising  under  4 0 S(a), 9, 13(b), and  16(a) of the
    x $
    \       25
    3
    \              ("FTC  Act"),  15 U.S.C.  § 3 45(a),  49, 53(b),  and  56(a),  and the Fair  Credit 
            2c                                                                                         
                   15 U.S.C.  $ 5 168 1- 168 1 u, to secure permanent  injunctive  and other  relief 
            2:  and the FCRA,  and to obtain  monetary  civil  penalties for  violations  of the FCR4.
            21
    k
    .
     3
     \I
    
    SNIPPETS:
  • Assistant United States Attorney
  • California Bar Number: 18 1073
  • 21 General by the Federal Trade Commission, by its undersigned attorneys, for its
  • 22 complaint alleges as follows:
  • 15 U.S.C. $ 5 168 1- 168 1 u, to secure permanent injunctive and other relief for violations
  • Commission is an independent agency of the United States Government given statutory authority
  • responsibility by the FTC Act, as amended, 15 U.S.C. 3 4 4 l-58.
  • 12 consumer reporting agencies and those who furnish information to a consumer reporting
  • Defendant maintains a course of trade in commerce, as "commerce" is defined in Section 4 of
  • limited to consumer credit transactions that are covered by Title I of the National Housing
  • & & loans for home improvements that are insured by the Federal Housing
  • Defendant solicits consumers for Title I loans by, among other means, mailing postcards to
  • consumers are selected to receive postcards through the process of "prescreening."
  • Postcard solicitations sent by the defendant state that consumers are "pre-approved" for
  • In numerous instances, in the course and conduct of offering and extending credit, defendant
  • The acts and practices alleged in Paragraph 9 constitute deceptive acts or practices in
  • 15 alleged in Paragraph 13 also constitute unfair or deceptive acts or practices in violation
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