Tuesday, May 26, 2009

Loan Modification Outfit Sued By Idaho AG Abruptly Shuts Down; Homeowners, Employees Left High & Dry As Feds, State Slap $700K+ In Tax Liens On Firm

In Coeur d'Alene, Idaho, The Spokesman Review reports:
  • Apply 2 Save Inc. in Coeur d’Alene has closed its doors, shutting out hundreds of frustrated customers who did not receive the mortgage help they paid for and employees who are owed wages. The Internal Revenue Service on Monday filed four tax liens totaling more than $663,000 for unpaid 2008 federal unemployment and income taxes. The state of Idaho has filed a nearly $52,000 lien for unpaid withholding tax.

For more, see Tax liens filed against Apply 2 Save (Coeur d’Alene company closes doors).

See also Apply 2 Save leaves clients and workers bewildered:

  • The Coeur d’Alene company was sued last month by the state of Idaho for promising mortgage relief it did not deliver. That was April 20. On April 21, employees were issued paychecks that bounced around North Idaho banks like ping-pong balls. Then dozens were laid off or, as the company calls it, “furloughed.”