Date This Problem Happened: May 27, 2011
State You Live in: California
Age Range: 51-65
Total Amount of Fee Paid: $10,000
Company Name: New Life Financial
PO Box 595
N. Hollywood, CA 91603
Company Telephone Number: 855-756-2444
Website of Company: NewLifeConsultants.com
I was contacted by New Life Financial (Consultants) in April 2011, was told about their program, program will take 6 months, only $31 will be taken as payment for Services rendered while I make monthly payments of $1669. I was told not to make mortgage payments as payments made to New LIfe will be used to prove I can make trial payments. was told my house will not go into foreclosure, New LIfe has many Attorneys that will find legal issues with loan and leverage those issues to get settlement. A forensic audit of loan will be performed and loan offer will be made at end of 6 months, I will not be referred to another company, and there will be no more fees. I was current on loan, excellent credit rating. Now, I am out $10,000.00 (no one will respond from New LIfe), my house is in foreclosure, my credit score has decreased some 140 points, and I was referred to a Company that isn’t even a Lawyer or has Lawyers on staff. This Company also wants $3000.00 more to assist in loan mod.
Consumer Action Taken:
I would really like to have my $10,000.00 back. I am willing to get a Lwyer that will help me sue them, if you have references.
The Myvesta Foundation sent a letter to the company at the address given or found and asked them to publicly respond to this complaint.
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