The attorney general of West Virginia has canceled $150,000 in debts that were collected by Northwood Asset Management Group LLC, on behalf of Alliant Capital Management, LLC.
Both companies are based in New York.
The debt cancellation brings to a close allegations that Northwood was collecting from individuals in West Virginia without a license to do so or the necessary bonds.
“Debt collection agencies must operate within the boundaries of the law,” Attorney General Patrick Morrisey said in a statement. “Our office is pleased to reach an agreement that cancels improperly collected debts for consumers in the Mountain State.”
