Mealey's (January 11, 2021, 12:36 PM EST) -- SANTA ANA, Calif. — The Bureau of Consumer Financial Protection on Jan. 8 asked a federal court in California to require a defendant allegedly involved in an illegal student loan debt relief scheme to show cause as to why he should not be held in contempt for failing to disclose certain assets and for his transfer of other assets, arguing that the defendant’s conduct violated the financial accounting provisions of the court’s restraining and preliminary injunction orders in a lawsuit that recently resulted in a default judgment that ordered another defendant to pay $30 million in statutory penalties for violations of the Consumer Financial Protection Act (CFPA) and California’s unfair competition law (UCL)....