Loan Modification
Cauldwell Trust LLCFind BBB Accredited Businesses in Loan Modification.
About
Important information
- Additional Info:Florida Statutes 501.1377, which took effect on October 1, 2008, protects homeprincipal
s who are in foreclosure or nearing foreclosure from companies offering potentially fraudulent foreclosure "rescue" services. Specifically, the statute governs companies providing foreclosure-related rescue services including loan modification and short sale services. These companies are prohibited from charging homeprincipal
s an up-front fee for these services and must provide homeprincipal
s with a written agreement. The law was one of the Attorney General's legislative priorities during the 2008 Legislative Session.
The Attorney General's Office is reviewing the practices of companies statewide providing foreclosure-related rescue services to ensure the companies are in compliance with the new law. Homeprincipal
s should exercise caution when seeking help to prevent mortgage foreclosure and should generally first attempt to negotiate with their lender before turning to outside help. More helpful hints for homeprincipal
s can be found online at: http://myfloridalegal.com/pages.nsf/Main/55BC21CB13128F728525741800481491.
Consumers affected by these practices may file a complaint by visiting the Attorney General's website at http://www.myfloridalegal.com or calling the fraud hotline at 1-866-966-7226.
Additional information can be found on the Federal Trade Commission website at http://www.ftc.gov/opa/2011/02/mars.shtm
Business Details
- BBB File Opened:
- 6/17/2011
- Business Started:
- 1/13/2010
Additional Contact Information
- Principal Contacts
- Justin Falkowitz, Manager
- Additional Email Addresses
- Other: Email this Business
Additional Information
- Business Categories
- Loan Modification
More Resources
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