Media Center

Wisconsin Department of Justice Files Action Against Owner of Unlicensed Debt Adjustment Service Company 

 

MADISON — Attorney General J.B. Van Hollen has announced that his office has filed a complex civil forfeiture action against Laura Schuster to enforce an order issued by the Department of Financial Institutions (DFI) regarding Schuster's unlicensed adjustment service ( “debt adjustment” ) company.

 

According to the complaint, which was filed on December 28, 2012, Schuster and her now-dissolved company, Midwest Homeowner Solutions, LLC, operated an unlicensed adjustment service company, collecting illegal fees from Wisconsin consumers.

 

The Complaint alleges that DFI issued an order to Schuster and Midwest Homeowner Solutions, requiring them to cease unlicensed adjustment service company business, refund all fees to customers, and pay a $10,000 forfeiture. The order was upheld on appeal by the Dane County Circuit Court. Schuster has failed to comply with the order and the State is asking the court to enforce it.

 

The case has been assigned to Dane County Circuit Court Judge John C. Albert. The State of Wisconsin is represented in this matter by Assistant Attorney General Lewis W. Beilin.

 

The complaint contains only the State's allegations. The State bears the burden of proving the allegations.

 

A copy of the Summons and Complaint is available: