Pair Of Alleged Long Island Loan Modification Rackets Get The 'Freeze' As Judges Limit Firms' Activities, Order Hold On Assets
In Nassau County, New York, Long Island Business News reports:
- The assets of two Long Island mortgage modification companies will remain frozen after separate rulings by Nassau County Supreme Court justices.
- On Tuesday, Justice Thomas Adams extended a temporary restraining order that limits the activities and freezes the assets of a group of companies in West Hempstead operating under the names Express Home Solutions and Home Preserve Law Group.
- Last week, Justice John Galasso extended a similar order, which enjoins a group of individuals operating a business called Homesafe America in Levittown, also known as United Legal Solutions.
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- The cases were brought by the Lawyers’ Committee for Civil Rights Under Law(1) and its pro bono counsel Manhattan-based Davis Polk & Wardwell on behalf of more than 30 homeowners who allegedly lost money to the two companies. Plaintiffs are seeking a combined $3 million in punitive damages, as well as court orders permanently preventing their owners and employees from engaging in mortgage-related activities.
For more, see Judges freeze assets of LI mortgage mod firms.
(1) The Lawyers’ Committee for Civil Rights Under Law is a nonpartisan, nonprofit organization formed to involve the private bar in providing legal services to address racial discrimination. It implements its mission and objectives by marshaling the pro bono resources of the bar for litigation, public policy advocacy, and other forms of service by lawyers to the cause of civil rights. For more on this case, see:
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