The Denver Post reports today that the Colorado State Attorney General is looking at Consumer violations related to the over-billing practices of the second largest foreclosure mill law firm in that state.
When we are negotiating settlements for our clients, we pay close attention to the fees and litigation costs that lenders and loan servicers try to add to the capitalized costs in modifications or to reinstatement or pay off figures. This is a way to reduce long term principal owed by our clients.
It made me start to think about those who are unrepresented in process. If its happened to you, you might want to call a lawyer to discuss whether or not you have claims against the foreclosure mill that added those charges.