Friday, February 17, 2012

Indiana AG Continues 'Civil' Assault On Alleged Loan Modification Rackets With 'Non-Criminal' Charges Brought Against Four More Outfits

In Indianapolis, Indiana, Legal Newsline reports:

  • Indiana Attorney General Greg Zoeller announced four lawsuits on Wednesday against mortgage rescue companies that allegedly scammed Indiana consumers out of thousands of dollars.

  • LA Strattan Law Firm and Strategic Alliance of California, National Financial Services of Texas and United Capital of Maryland allegedly violated Indiana's consumer protection laws by taking more than $4,300 from customers.


  • The lawsuits allege that the companies also violated the Deceptive Consumer Sales Act, the Home Loan Practices Act, the Mortgage Rescue Protection Fraud Act and the Credit Services Organization Act. The defendants allegedly failed to register a $25,000 surety bond with Zoeller's office to conduct business officially as Indiana foreclosure consultants.

  • The four lawsuits bring the total number of actions taken by Zoeller's office against foreclosure rescue companies up to 95 since 2006.

For the story, see Ind. AG sues mortgage rescue companies.

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