The lawsuits are against Law & Associates LLC in Florida, and Davis Mitigation Inc. (or Davis Foreclosure Assistance) which has offices in New Jersey, New York and Florida, the Attorney General's office said today.
The companies are accused of soliciting troubled homeowners via the Web, targeted mailings or the telephone, convincing them the company could save their homes. The companies are accused of illegally charging up-front fees of up to $1,790, failing to include required safeguards in their contracts such as allowing homeowners to rescind the contract within three days, and failing to deliver promised services.
The two companies are the ninth and 10th such consultants Swanson has sued in the past year and a half. Two of the earlier companies —Foreclosure Assistance Solutions LLC and American Housing Authority Inc. — were recently barred from doing mortgage foreclosure consulting in Minnesota and signed consent judgments agreeing to pay restitution to their victims, the Attorney General's office said.
How sad that this isn't rare.