North Carolina AG Files Suit Against 3 Foreclosure Rescue Operators For Clipping Consumers Out Of Illegal Upfront Fees

From the North Carolina Attorney General's office:

• Attorney General Roy Cooper is taking legal action to stop three Charlotte area foreclosure rescue companies from charging high fees but failing to save consumers’ homes.(1) [...] Cooper made the announcement at the Better Business Bureau (BBB) of the Southern Piedmont, which has assisted with the cases.

• “Homeowners turn to foreclosure rescue services because it sounds like the solution to all of their problems,” said Tom Bartholomy, president and CEO of the BBB of Southern Piedmont. “We want homeowners to know that anyone who charges you an advance fee for foreclosure help is trying to scam you and is breaking the law.”

• In 2005, Cooper worked with state legislators to make it illegal for any foreclosure assistance business to collect fees upfront.

For more, see AG Cooper goes after Charlotte foreclosure rescue scams (Firms take struggling homeowners’ money, fail to save their homes).

(1) According to his press release, Cooper announced yesterday that he has filed suit against the following companies and their agents: Robert E. Cassell, Jr., doing business as American Mortgage Assistance in Fort Mill, SC; Home Assure, LLC and its vice president Michael Grieco of Charlotte; and Metrolina Mortgage Relief, LLC and its president Jeffery Mika of Charlotte.