March 31, 2026
A Virginia federal judge has overturned the sale of an immigration bond company found liable for predatory lending practices, ruling the transaction knowingly violated the terms of an $811 million judgment entered just days before the deal was signed.
July 25, 2025
A longtime Consumer Financial Protection Bureau litigator told a Virginia federal court on Friday that she is leaving after more than a decade at the agency, becoming the latest departure at the regulator as its future under the Trump administration remains in limbo.
June 28, 2024
A Virginia federal judge on Friday declined to grant an immigrant bond company the additional 45 days it requested to finish a sale before it has to pay an $811 million fine for predatory lending practices, pointing out that the transaction had already gone through.
June 13, 2024
An immigrant bond company staring down an $811 million judgment for predatory lending practices is urging a Virginia federal court not to sanction it over its recent sale, saying the transaction complied with the judgment's restrictions on its operations.
May 21, 2024
The Consumer Financial Protection Bureau has pointed to the U.S. Supreme Court's recent decision finding the agency's funding structure constitutional to head off a bid by immigrant bond companies accused of abusive bonding practices to delay an $811 million judgment.
May 02, 2024
Libre Immigration Services has moved to intervene at the Fourth Circuit to fight an $811 million judgment against companies it recently acquired that the Consumer Financial Protection Bureau sued over abusive immigrant bonding practices.
April 29, 2024
The Consumer Financial Protection Bureau told a Virginia federal judge that there is no need to hold off fining a bonding company $811 million for predatory bonding practices, saying the company's fear of collapse is mooted by a recent sale.
April 15, 2024
Immigration bonding company Libre by Nexus Inc. has begged a Virginia federal court for more time to pay an $811 million judgment for predatory bonding practices, saying it would collapse if forced to pay before it can execute its transfer to a new owner.
April 01, 2024
A Virginia federal judge ordered Libre by Nexus Inc., a bonding company, to fork over more than $811 million in the Consumer Financial Protection Bureau's suit alleging the company engages in predatory bonding practices targeting cash-strapped immigration detainees.
August 16, 2023
The Fourth Circuit rejected a request from immigrant bonding companies to stay the Consumer Financial Protection Bureau's suit accusing the companies of abusive bonding practices.