NC AG Scores Temporary Halt Of Outfit Clipping Distressed Homeowners Out Of Upfront Fees For Foreclosure Help; Seeks Permanent Shutdown

From the Office of the North Carolina Attorney General:

• A Winston-Salem foreclosure rescue operation that targeted financially distressed homeowners with claims to help them save their homes from foreclosure is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced.
• “This kind of scheme robs struggling homeowners of valuable time and hard-earned money that could be used toward legitimate help that could put them back on their feet again,” Cooper said. “My office will continue to target outfits that violate the law by charging an upfront fee for their service.”
• Last week, Wake County Superior Court Judge Howard Manning agreed with Cooper’s request to temporarily bar Edward “Eddie” Phillip Long, Jr., doing business as Credit Enhancement Services, from offering foreclosure and loan modification services, and from charging advance fees for credit repair and credit score improvement services. Cooper is seeking to permanently shut down Long’s foreclosure assistance business and win consumer refunds and civil penalties.

For more from the North Carolina AG press release, see AG Cooper moves to stop phony foreclosure assistance scheme (Forsyth County operation makes promises to save homes but fails to deliver).

For the lawsuit, see State of North Carolina v. Long.