Monday, May 05, 2008

North Carolina AG Files Suit To Shut Down Upfront Fee Foreclosure Rescue Operator

In Raleigh, North Carolina, WNCN Channel 17 reports:
  • A Lenoir County company that targeted distressed homeowners with false offers to help save them from foreclosure has been ordered to stop taking consumers’ money, officials said Friday. Attorney General Roy Cooper filed suit against Alphin Marketing Group, Inc., also known as Alphin Group. Cooper alleges that the company and its owner broke state laws and he is seeking to permanently bar them from offering foreclosure assistance and debt adjusting services in North Carolina. Cooper is also asking the court to cancel the company’s contracts with consumers and pay refunds.

For more, see Company Swindled Homeowners, Attorney General Says.

See also the North Carolina Attorney General (May 2, 2008) Press Release: AG Cooper shuts down foreclosure assistance scheme (Company promised to save homes from foreclosure, pocketed money instead).