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Action required Connecticut Department of Banking CT Sep 6, 2026

Connecticut Debt Negotiation Enforcement Action

Connecticut's Department of Banking took enforcement action against CDS Debt Relief LLC on August 21, 2026, for unlicensed debt negotiation practices.

Connecticut's Department of Banking took enforcement action against CDS Debt Relief LLC on August 21, 2026, for unlicensed debt negotiation practices.

What changed

The company was found to be operating without a license and in violation of consumer protection laws.

Compliance perspective

Firms must ensure they are licensed before engaging in debt negotiation activities in Connecticut.

Key date

Effective date: August 21, 2026.

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