McGraw Sues TX Debt Management Company
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Posted: 11:20 AM Apr 16, 2009
McGraw Sues TX Debt Management Company
CHARLESTON, W.Va. (AP)
West Virginia Attorney General Darrell McGraw is suing a Texas company, accusing it of ruining the credit of at least 21 state residents who paid more than $30,000 for help lifting them out of debt.
Reporter: P.J. DICKERSCHEID - Associated Press Writer
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West Virginia Attorney General Darrell McGraw is suing a Texas company, accusing it of ruining the credit of at least 21 state residents who paid more than $30,000 for help lifting them out of debt.

Able Debt Settlement Chief Operating Officer Ralph Lewis said his company did nothing of the sort. He said Able Debt provides credit processing services and doesn't negotiate with creditors.

McGraw is asking the Kanawha County Circuit Court in Charleston to bar the Irving, Texas-based company from doing further business in West Virginia. His lawsuit, filed Tuesday, also seeks restitution and a $5,000 civil penalty for each violation of state law.

Lewis accuses McGraw of intentionally misinterpreting state law, abusing his power and forcing people into bankruptcy.
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