Wednesday, October 24, 2007

Texas AG Obtains Temporary Injunction Freezing Foreclosure Rescue Operator's Assets Indefinitely

An emergency restraining order obtained by Texas Attorney General Greg Abbott in September which froze the assets belonging to upfront fee foreclosure rescue operator Foreclosure Assistance Solutions of Clearwater, Florida was replaced last week by a temporary injunction issued by a Texas state court. Under the court order, Foreclosure Assistance Solutions, and its principal operators, Herb Zerden and Adolfo Quintero, as well as J.W.W. Services, Inc. of California and owner John Woodruff, are prohibited from targeting and deceiving Texans who fall behind on their mortgage payments. The temporary injunction issued last week extends the initial September order, securing approximately $750,000 in fees that the defendants charged more than 700 Texans who paid for its services. The monies will remain frozen pending further orders from the court. For more, see Texas AG Press release, Attorney General Abbott Halts Foreclosure Rescue Scam's Unlawful Texas Operations (Clients of Foreclosure Assistance Solutions urged to call their lenders immediately).

For related court documents filed against Foreclsoure Assistance Solutions, see:

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