In a move that could provide millions of dollars in relief to debtors in the state, an Avon businessman has agreed to surrender his debt collection license and forgive debts allegedly owed by thousands of Massachusetts residents, according to court documents filed this week.
The proposed settlement between businessman Andrew Metcalf and the state Office of the Attorney General was filed this week in Suffolk County Superior Court. It’s pending approval by a judge.
If approved, the agreement would bring an end to a case filed by the state in 2024 against Metcalf and his debt-related companies for allegedly engaging in “unfair and deceptive acts” in violation of the Massachusetts Consumer Protection…