Protecting Consumers
The Tennessee Attorney General's Office protects consumers and businesses from those who engage in unfair or deceptive business practices.
The office is charged with enforcing the Tennessee Consumer Protection Act. These enforcement actions are brought on behalf of the Division of Consumer Affairs and in the name of the State of Tennessee. Although the Attorney General may seek restitution for consumers who have suffered ascertainable losses, the office cannot represent individual consumers.
The office often pursues cases based on complaints received from consumers. The Attorney General encourages consumers to report any business practice they believe is unfair or deceptive to the Division of Consumer Affairs (DCA) in the Department of Commerce and Insurance. DCA serves as the central coordinating agency and clearinghouse for consumer complaints regarding unfair or deceptive acts or practices.
The Attorney General works to inform the public about fraudulent business practices and common scams so that Tennesseans can avoid becoming victims of fraud.
Tennessee Joins Agreement with Major Financial Institutions
Tennessee will participate in the $25 billion agreement with the nation's five largest mortgage servicers, according to Attorney General Bob Cooper. The agreement arises from an investigation into unacceptable nationwide mortgage servicing and foreclosure practices. The servicers participating in this agreement are Bank of America, J.P. Morgan Chase, Citi, GMAC/Ally Financial, and Wells Fargo. Once approved by the court, the agreement will provide an estimated $146 million in relief to Tennessee homeowners and addresses future mortgage loan servicing practices...read the mortgage release.
Tennessee Toma Parte en Acuerdo con Instituciones Financiales Mayores
