HOUSTON - Texas Attorney General Greg Abbott today charged a Houston-based credit repair firm with violating the Texas Deceptive Trade Practices Act. The state's enforcement action names Jubilee Financial Solutions LP, also known as The Credit Card Solution (TCCS) - a self-proclaimed debt invalidation business - its parent company, Jubilee Financial Management LLC, and the companies' owner, Robert Mitchell Lindsey.
Court documents filed by the attorney general requested an asset freeze, which was granted by a Harris County district judge. The state sought the asset freeze because investigators believe the defendants are improperly withholding $500,000 in customers' payments that should have been applied to debt relief services.
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