Vegas Loan Modification Firm Shuts Down Amid Suspicions Of Unlicensed Practice Of Law

In Las Vegas, Nevada, KLAS-TV Channel 8 reports:

• A local company that claims it can stop foreclosures closed its doors Monday. A sign posted at the U.S. Justice Foundation tells clients it is filing for bankruptcy, but the I-Team has learned that's only part of the story. The I-Team has been looking at the U.S. Justice Foundation, and its owner Jack Ferm, for some time. So has the state Attorney General's Office, the District Court, the Federal Court, and the state bar.

• The company claims it can stop foreclosures by helping people to sue their mortgage companies themselves. Though it's unclear how many if any of those suits have been successful, they've captured the courts attention. Ferm has been ordered by both the state and the federal court to explain why he shouldn't be held in contempt for practicing law without a license. He is not an attorney.

For more, see Mortgage Relief Company Closes Amid Investigation.

For story updates, see:

• I-Team: Owner of Embattled Mortgage Relief Company Speaks Out,
• I-Team: Authorities Hearing from Justice Foundation Clients,
• KVVU-TV Channel 5: Foreclosure Aid Company Claims Bankruptcy (Homeowners: Company Took Money, Gave No Help).

Go here and go here for other posts on issues relating to attorneys, loan modifications, and the unlicensed/unauthorized practice of law. UnauthPractOfLawKappa