I received a letter from “The Resolution Law Group, P.C.” (quotations mine) at 500 West Putman Ave, Suite 400, Greenwich, CT, 06830. They claim to have filed a Complex Tort Action against Wells Fargo Bank, my mortgage lender, and have invited me to be a potential plaintiff in a suit for fraudulent lender/servicer actions. I live in Maryland. When I called the 800 number, I reached someone in Nevada who requested a retainer of $5,000 and a monthly payment while the suit is ongoing. They said we could also sue the bank for up to $75,000. They asked me my current payments and said they could get them lowered by about 40%. It would be great but we’re not behind and have already been declined by the bank for a lower interest rate. Is this worth it?
Do you know anything about this law firm and are they allowed to do business in three separate states like this? The deal sounds great, but it’s a lot of money up front for uncertain results. Does it sound too good to be true?
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.Should I Believe What The Resolution Law Group Tells Me? - Larraine by Steve Rhode