Attorney Shawn Christopher from Henderson and Attorney Nicholas Boylan from San Diego declared that they will be suing six unauthorized companies which have been handling foreclosure cases in Nevada. They had filed a lawsuit in December against these six companies in the District Court in Clark County. They are seeking legal remedy for 16 complainants in Nevada and many other plaintiffs who have complained against these firms.
In this lawsuit, they have mentioned that these firms have been collecting debts from borrowers in Nevada despite the fact that these firms are not licensed to collect debts from the borrowers. In this lawsuit, many complaints have been enlisted like consumer fraud and elder abuse, because many homeowners were senior citizens.
Christopher, associated with Christopher Legal Group said, “The plaintiffs are Nevadans who not only lost their houses in one of the hardest-hit real estate markets, but were also adversely affected by foreclosure companies that did not follow the law during the foreclosure process. The case was filed as a class-action lawsuit because there are thousands of potential plaintiffs who were victims of these foreclosure companies. ”
This filed lawsuit seeks compensation for damages from these companies along with the amounts they have had collected as debts from these homeowners “for their respective illegal and improper debt-collection activities. ”
The enlisted six companies are:
* Nevada based Appleton Properties LLC
* California-based California Reconveyance Co.
* Meridian Foreclosure Service dba MTDS Inc. dba Meridian Trust Deed Service located in both California and Nevada
* California-based MTC Financial Inc. dba Trustee Corps.
* Arizona based National Default Servicing Corp.
* California-based Quality Loan Service Corp.
Comments and responses were asked from these companies or from their respective attorneys who are representing these firms. This lawsuit is the most important one after the suit filed in 2010 by Attorney General Catherine Cortez Masto against the renowned lender, Bank of America.
This lender was foreclosing many properties without having the legal power to foreclose those properties. That filed lawsuit also claimed that those deeds by the Bank of America devastated struggling homeowners and many properties were foreclosed by the bank when many homeowners were in the process of mortgage modification. However, Bank of America denied these complaints mentioned in that lawsuit.
This new lawsuit is an addition to the lawsuit filed by Attorney Masto and several other lawsuits filed by the deprived homeowners.
Karen Anne, has been working on ForeclosureWarehouse.com studying the foreclosures market, helping buyers on the finer points of foreclosures for sale . Try to visit ForeclosureWarehouse.com and search foreclosed homes .