Homeowners placed their hopes, trust, and hard earned money into the hands of the defendants and were told that the defendants guaranteed a loan medication that would make their mortgage payment more reasonable. Many homeowners were also told to stop paying their mortgage and to not talk to their lender. Sadly, these homeowners did not receive any legal representation and they were never allowed to meet or speak with the attorneys or law firms listed as defendants. In paragraph 72, the FTC alleged that some of the defendants simply kept the money paid and never contacted the lawyers or law firms to help the homeowners.
Defendants Banned from Debt Relief Products and Services
In addition to the refunds sent to victims of the mortgage relief scam, the defendants were also banned from advertising or selling unsecured debt relief products and services and misrepresentation.
