Massachusetts AG Obtains Temporary Restraining Orders Against Two Firms For Allegedly Soliciting Illegal Upfront Fees For Loan Modification Services
- Attorney General Martha Coakley has obtained temporary restraining orders against a Wyoming and Florida company, and a Florida man for soliciting unlawful fees from homeowners facing foreclosure.The defendants, H.O.P.E. Alliance, Inc., (H.O.P.E. Alliance) Law & Associates, LLC and Thomas E. Law, II, allegedly solicited unlawful advance fees for foreclosure-related services, and unnecessarily delayed negotiations regarding loan modifications.
- The complaint also alleges that H.O.P.E. Alliance, with the help of the co-defendants sent letters that directed them to a toll-free number and to the Web site www.helpnowalliance.org, which fraudulently claimed that the company was a non-profit and H.O.P.E. Alliance deceptively used a similar name to the government-sponsored non-profit organization, HOPE NOW
Alliance.(1)
For more, see Coakley gets temporary restraining orders over fraudulent foreclosure-related services.
For the Massachusetts Attorney General's press release, see AG Obtains Temporary Restraining Order Against WY and FL Companies and FL Man for Soliciting Unlawful Fees From Homeowners Facing Foreclosure.
For a follow-up press release from the Massachusetts AG, see AG Obtains Preliminary Injunction Against Wyoming and Florida Companies and Florida man for Soliciting Unlawful Fees From Homeowners Facing Foreclosure.
(1) According to the Massachusetts Attorney General, the website also states that H.O.P.E. Alliance is a
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