Citigroup in hot water over bankruptcy filings

The Bankruptcy Code requires that certain information, such as social security numbers, account numbers, and other personal information, be redacted from documents filed with the court. However, Citigroup failed to redact personal information on forms filed with bankruptcy courts all across the nation. Some 150,000 consumers were affected by this error. In a 2012 settlement that is just now being unsealed, Citigroup agreed to correct the filings, notify debtors and offer free credit monitoring.

For more details on this story read, “Citigroup Failed to Redact Personal Data from Consumer Bankruptcy Filings – DOJ.”

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