Monday, August 23, 2010

Ohio sues three foreclosure rescue firms - Dayton Business Journal:

http://trade-software.net/2008/11/metastock-professional-review/
Cordray’s office said Thursday that it filed lawsuitsagainst , LLC and Michae l Brotherton, who does business as in the Daytohn area. The state is looking to shut down the operationsin Ohio. The suit against 21st Centurg Legal Services alleges it promised to help homeowners restructurre loans for a fee ofbetween $1,500 and The company, Cordray’s office said, told customers to stop makinf payments on their home loans with the expectation that the firm wouldx take care of the The state outlines similar claims against the othet two firms being sued.
Cordray’s office said it has issued 23 cease-and-desist notices to 21st Centuryand Cleveland-based Foreclosure Home Assistancde since May. It’s charging each company with a violation of state consumer law and the DebtAdjustersa Act, seeking reimbursement for customers and looking to levy a $25,0090 penalty for each violation of state law. The state didn’t outline the extent of the complaints it received onthe companies. A representative for Cordray’s office wasn’t immediately available to A message seeking comment was left with 21st CenturgThursday afternoon. Contact information for Foreclosurse Assistance andBrotherton wasn’yt available.

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