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‘Legal Helpers’ Fined $314,000 for Unlicensed Debt Settlement Operation

CHICAGO–(ENEWSPF)–August 1, 2011.  Legal Helpers, a Chicago based debt settlement firm, was ordered to Cease and Desist its unlicensed business today by the Department of Financial and Professional Regulation (IDFPR).  The Department also issued a fine of $314,000 – $1,000 for each of the 314 clients it has identified thus far. This is the first disciplinary action taken since the Debt Settlement Act took effect last August.

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