Penalty Amount
$240,000
New York Attorney General Letitia James reached an agreement with debt buyers that allegedly filed foreclosure lawsuits seeking payment on expired mortgage debt. The companies must pay $240,000 in penalties and more than $242,000 in restitution, and stop seeking expired payments in ongoing and future cases.
The companies must pay $240,000 in penalties and provide more than $242,000 in restitution to affected homeowners. They are barred from seeking to collect expired debt payments and must amend demands in ongoing foreclosure cases to exclude expired debt.
This action concerns debt collection rather than privacy, so in-house teams should review debt-purchase, loan-servicing, and collection-vendor agreements for representations that account-level records and collection rights have been verified, including applicable statutes of limitations. Check provisions governing foreclosure and collection controls, required amendments or cessation of collection activity when debt is expired, consumer restitution, audit and recordkeeping rights, and indemnification for unlawful collection practices. Privacy-specific data-processing, consent, or breach-notification clauses are not implicated by the facts described.
Entity
BCMB1 Trust; First Age, LLC; NS194, LLC; Second Start, LLC; Southern MBA Trust, and their affiliates
Industry
Financial ServicesOfficial Press Release
https://ag.ny.gov/press-release/2026/attorney-general-james-secures-more-480000-and-debt-relief-new-york-homeowners
bcmb1 trust et al assurance of discontinuance 2026
https://ag.ny.gov/sites/default/files/settlements-agreements/bcmb1-trust-et-al-assurance-of-discontinuance-2026.pdf
New York Attorney General Enforcement Page
https://ag.ny.gov/press-releases
"BCMB1 Trust; First Age, LLC; NS194, LLC; Second Start, LLC; Southern MBA Trust, and their affiliates"
"$240,000 in penalties"
"violated New York laws"
"in violation of New York’s statute of limitations"
"filing foreclosure lawsuits with demands to repay debt that was no longer legally collectable"
$240K
The New York Attorney General investigated a group of debt buyers for filing foreclosure actions seeking payment of long-expired mortgage debts. The companies agreed to pay $240,000 in penalties and more than $242,000 in consumer restitution, stop seeking payment of time-barred debts, and amend claims in pending foreclosure cases.
$6.0M
The New York Attorney General secured disgorgement settlements totaling $5,975,861 from four promoters of NovaTech and AWS Mining over fraudulent investment claims and an illegal pyramid scheme. The promoters were permanently banned from the securities, commodities, and cryptocurrency industries; the Attorney General separately asked the court to order NovaTech’s founders to pay $1.3 billion, which was not yet an order.
$98K
New York Attorney General Letitia James secured a settlement after T-Mobile raised prices on plans it had advertised with a promise that prices would never change. T-Mobile must offer affected customers refunds and other benefits, honor price guarantees through at least 2029 for customers who remain, clearly disclose limitations on future guarantees, and pay New York $98,000.
$2.6M
New York and Connecticut reached a settlement with Boston Children’s Health Physicians and its IT security provider, XTIUM, after a 2024 breach exposed private information of approximately 825,000 New York residents and 62,871 Connecticut residents. The companies will pay $2.64 million and implement enhanced cybersecurity measures; additional penalties are conditional on violating the settlement.
New York Attorney General Letitia James joined 16 other attorneys general in urging Congress to pass proposed legislation addressing the federal government’s release of Jeffrey Epstein-related records. The press release says DOJ has not fully disclosed the records required by the original law and that personal information of at least 43 victims was exposed in released files; this is a legislative advocacy announcement, not an enforcement action imposing a penalty or remedy.
$1.9M
New York Attorney General Letitia James secured a settlement after an investigation found Dollar General stores routinely charged customers more than advertised or posted prices and issued confusing receipts. Dollar General must donate $1.875 million in food and personal items to Foodlink and implement pricing, receipt, training, and audit reforms.