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Our predatory lending attorney will review the promissory note and all other documents from the lender and will determine whether you have a predatory lending case against your lender. After a thorough review of your case, once we identify all violations, we file a lawsuit against the lender.
Our mortgage litigation attorney will then begin negotiations and settlement discussions with the lender’s attorneys attempting to resolve the dispute in the best interest of the homeowner.
Our mortgage fraud attorney can help to save your home. The Consultation is FREE! Has this happened to you? Your lender lied to you about stopping foreclosure while you were being reviewed for a modification.
We provide litigation support giving homeowners their day in court and the chance to resolve their disputes and negotiate on an equal level with their lender. When you hire Consumer Action Law Group as your m ortgage lawyer to sue your lender, we tailor your litigation case to your situation.
Working with a bank is a regular part of running a business operation. Businesses and corporations have to get transactions processed, secure commercial loans and keep track of their financial assets. Every now and then, disputes arise between businesses and the financial institutions they work with concerning these areas and many others.
A few of the various types of disputes that form between businesses and banks include the following:
If you are dealing with a bank dispute—whether you are accusing the bank of a violation or the bank is accusing you—you should take immediate action to secure the help qualified legal counsel.
California’s Constitution limits the interest you may charge when lending money. If the interest you charge is higher than the maximum amount, you may forever lose your right to collect interest on the loan, or may even have to pay a penalty.
A promissory note that does not have any real or personal property attached as collateral to the loan is known as an unsecured loan. If the borrower ends up declaring bankruptcy, then the lender won’t be able to secure the money they are owed until all of the debts from the debtor's “secured” lenders are paid.
If you have been paying usurious interest rate, you may be entitled to reduce your interest rate to 0%, apply all your payments to the principal amount, and even get up to 3 times your payment as credit on your payment.
Banks, credit unions, finance companies, and pawnbrokers are exempt from California’s 10% interest limit. Banks also have the advantage when it comes to usury laws because the interest limit in the state where the bank is headquartered will apply, no matter where the loan proceeds were issued.
You've come to the right place. Whether you are a bank, bank officer, or company that offers banking services, a banking & finance lawyer can help.
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Stone & Sallus are legal experts specializing in real estate fraud. If you’re a victim of mortgage fraud, predatory lending, foreclosure fraud, rental skimming/rental fraud, disclosure fraud, call us at 310.889.0233 for a consultation.
Understanding the Legal Duty of Disclosure in California. There are many laws that deal with disclosure obligations. Under the Common Law of California, the seller is required to disclose to the buyer detailed written facts about the property they have on the market (transfer disclosure statement).
Fraudulent Disclosure – Disclosures have requirements. A real estate transaction must give a disclosure form to the buyer of a property. Disclosures are made to protect buyers from defects in a property.
A person convicted of this crime can do up to thirty years in jail and receive up to one million dollars in fines. California Penal Code 487 PC, “grand theft” law states, theft by false pretense can be considered real estate fraud.
If a seller or seller’s broker violates the duty, they could be liable for damages. Any fact materially affecting the value and desirability of the property, including but not limited to the physical condition of the property and previously received reports of physical inspections must be noted on the disclosure form.
Disclosures are made to protect buyers from defects in a property. Defects to a property can include a leaking roof, leaking plumbing, lead paint, or mold issues. Sellers of a residential or commercial property are obligated to inform prospective buyers of any known concerns.