Notice (9-24-2013) – On 9-23-2013 I was served with a lawsuit from The Advocacy for Consumer Rights, which you can read here.
They mention this article in the suit and claim “Defendant posted false statements on the internet, at http://getoutofdebt.org/51516/is-the-advocacy-for-consumer-rights-and-chad-pratt-a-scam-will, stating that “IS THE ADOVACY OF CONSUMER RIGHTS AND CHAD PRATT A SCAM?” stating that it is “odd” that TAFCR is a Nevada company; stating that TAFCR “is a front end marketing group that sends out advertisements and refers people to other firms”; implying that TAFCR is a scam; and making a variety of other untrue and damaging statements aimed at Plaintiffs (collectively the “False Statements”). The False Statements have been attached to Exhibit A hereto.”
As a matter of clarification, in case any reader was confused, the use of the word “Odd” was in reference to the fact the BBB stated the company was located in Nevada and not Arizona. It was not intended to imply anything else.
The statement of my opinion I felt they were a front end marketing group related to the fact they stated “We are not a law firm and do not provide legal advice” and would have to refer consumers for legal representation. It was not intended to imply anything other than what they stated.
I assumed a pic a payment loan in 2006 with World Savings, then Wachovia, and now Wells Fargo. I was in the middle of a divorce and needed to pay my ex wife her share of the equity. In 2008 I asked Wells Fargo for a loan modification to no avail.
I recently received a letter from “The Advocacy for Consumer Rights”. They pointed out the many illegalities with the origination of my loan. They recommend I join a mass tort lawsuit filed by Chad T-W Pratt, case no. BC 490700 against Wells Fargo.
I must pay a $5,000 retainer fee, 29.95 monthly fee, and 30% of any monetary recovery. I would like to get my loan adjusted to payments of 31% of my income and set at a fixed rate. However I have received lots of offers from law firms and I don’t know who to trust. The upfront non refundable fee and the 30% contingency fee seem excessive.
Have you heard of The Advocacy for Consumer Rights organization ? Do you know of any legitimate firms or organizations that can help me obtain a loan modification ?
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.Is The Advocacy for Consumer Rights and Chad Pratt a Scam? - Will by Steve Rhode