Ohio Upfront Fee Foreclosure Rescue Operator Snags Another Target
- "I had the place almost paid off and I refinanced it because I wanted to make it nicer on the inside, now I'm gonna lose it. It's crazy, it's all crazy", says Richard Singer of Salem. After thirty years in their Salem home, Richard Singer and his family are facing foreclosure. A fixed income and additions to the house have him in over his head. Then in April, a letter came from a company called Foreclosure Solutions out of Cincinnati. All they needed was twelve hundred eight five dollars from Singer to help save his home. [...] Singer says the company rep who came to his home even prayed with him. Turns out he was just preying ON him. Both the money, and the company are nowhere to be found.
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- Foreclosure Solutions is one of several companies sued by former Attorney General Marc Dann in August 2007 for violating consumer laws and lying to Ohioans with false promises of saving their homes from foreclosure. Just this week, a letter came from the company telling Singer his house would go up for a Sheriff's Sale. Singer called the Attorney General's office to file a complaint, and warns other Ohioans not to fall into the same trap.
For the story, see Foreclosure Scam Finds Another Victim.
For the civil lawsuits alleging Foreclosure Solutions of screwing over homeowners facing foreclosure, see:
- Ohio: State of Ohio v. Foreclosure Solutions L.L.C. (or go here for Ohio AG press release),
- Ohio: Dorn, et al. vs. Foreclosure Solutions, LLC, et al. (or go here for Legal Aid Society of Southwest Ohio, LLC Press Release),
- Federal Trade Commission: FTC v. Foreclosure Solutions, LLC, and Timothy A. Buckley (or go here for FTC press release),
- Illinois: Illinois AG Sues Ohio Company For Mortgage Rescue Fraud (Madigan Alleges Company Takes Advantage of Homeowners on the Verge of Losing their Homes to Foreclosure).
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