25 inquiries | Foreclosure Consultants | Business Alert
http://www.chasecolby.com
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This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Complainants allege unfulfilled contracts and inability to obtain refunds. Customers complain the company fails to obtain loan modifications, or otherwise provide foreclosure assistance services. Others allege after waiting extended periods of time for a loan modification, no agreements were reached. Complainants further allege, when lenders were contacted, they reported that they had not been contacted by the company concerning the modification. Most complainants request refunds.The company generally responds by stating the customer is the one who cancelled the contract, therefore, they are ineligible for a refund. In other cases the company responds by stating they completed their services as contracted and no refund is due. Most complaints are unresolved meaning the company failed to properly address the complaint allegations or their response was inadequate.
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Company Info
This company's business is providing foreclosure consultant services.
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Licensing
We know of no licensing or registration requirement for companies engaged in this company's stated type of business.
BCA has no information regarding government actions at this time.
Effective October, 2009 in California, it is illegal to collect any fees, regardless of the form, for negotiating or attempting to negotiate a loan modification for a residential mortgage. All modification services must be fully completed before any money can be collected. It is also illegal to divide fees or services into components for the purpose of avoiding this law.HUD approved housing counseling agencies are exempt from this law. For businesses outside of California, please check with the agency that regulates this industry.
Our files show disconnected phone numbers, returned mail or both. The company appears to be out of business. We cannot trace addresses of companies or principals. General information is available upon request which may assist you.
BCA has no information regarding advertising review at this time.
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