On October 21, 2019, this company was sued by the Bureau for Consumer Financial Protection, the State of Minnesota, the State of North Carolina, and the People of the State of California for practices related to their student loan debt relief operation. The United States District Court entered a Temporary Restraining Order on October 21, including an asset freeze and the appointment of a receiver. On November 15, 2019 the court entered a Preliminary Injunction against the defendants, which continued the asset freeze and confirmed the receiver’s appointment. The Receiver has permanently terminated business operations of the following entities:
True Count Staffing Inc., d/b/a SL Account Management and Prime Consulting LLC, d/b/a Financial Preparation Services.
We recommend that you immediately contact your student loan servicer. A list of student loan servicers can be found at: https://studentloans.gov/myDirectLoan/additionalInformation.action. For free information about repaying your federal student loans, go to https://studentaid.ed.gov/sa/repay-loans.
The Receiver has established a webpage with information about the lawsuit which will be periodically updated. https://regulatoryresolutions.com/case/bureau-consumer-financial-protection-et-al-v-consumer-advocacy-center-inc-dba-premier-student-loan-center-et-al/