New York Attorney General Eric Schneiderman has sued a Brooklyn law firm and
its partner for allegedly participating in a fraudulent mortgage rescue scheme.
The suit was filed Wednesday against Gennady Litvin and two firms where he is a
principal partner, Litvin Law Firm in Brooklyn and Litvin, Torrens &
Associates in Miami.
Schneiderman v. Litvin Law Firm, 452308/2014, filed in Manhattan
Supreme Court (See Petition), alleged the two firms, directly and through
third-party marketers, deceptively induced homeowners to pay a $595 or $750
monthly fee by representing the firm would provide a comprehensive legal plan
so homeowners could avoid foreclosure or obtain a mortgage modification.
The vulnerable homeowners paid thousands of dollars for services they could
have obtained free from qualified non-profit counselors or legal services
attorneys, "only to find [the firms] routinely failed to prevent
foreclosure or obtain a loan modification as promised," the suit claims.
It said many homeowners never spoke to an attorney in their state.
Connecticut, Georgia, and North Carolina have issued cease and desist orders
to Litvin Law Firm and Litvin, demanding they stop soliciting for services in
those states. The firm and Litvin are banned from doing business in Rhode
Island. The Maryland Attorney General's office has charged them with engaging
in unfair and deceptive trade practices, according to the suit.
The New York suit, signed by assistant attorney general Mary Alestra, seeks
to halt the firm's practices, provide restitution to consumers, and seeks
penalties and costs.
Litvin said in a statement yesterday, "We deny all the allegations and
will vigorously contest them in court."
Thanks for the interesting and very useful topic.
ReplyDeleteArbitration Islamic Sharia Law