Tag Archives: gmac
- Holy Fraud, Batman! Literally…
Yesterday, an Ohio resident was indicted for allegedly engaging in a fraud scheme that promised to fund more than $500 million in mortgage loans to around 20 churches and a dozen small businesses across the country. The man, Jamal Lawson, fraudulently obtained more than $300,000 in advance fees that he used for personal expenses instead [...]
- Owner of Advertising Investment Companies Pleads Guilty To $6.2 Million Fraud Scheme
In early December Edward Lawson pleaded guilty to wire fraud in connection with a $6.2 million fraudulent investment scheme. According to his plea, Lawson was the president of “Automated Revenue Creation LLC” and “Guaranteed Results Advertising, LLC” (collectively, GRA). GRA’s investment literature stated that it was in the business of providing advertising through “Narrow Cast [...]
- Mid-2000s Multimillion Dollar Fraudster Finally Gets Sentenced
In the mid-2000s Clarence Allen Rice, owner of C & J Leasing Corporation, ran a complex, multimillion dollar wire fraud scheme to which he was just sentenced to a term of 70 months in prison for earlier this month. Trial and sentencing evidence showed that Rice suffered over $800,000 in day trading losses in the [...]
- Deceitful Debt Relief And Mortgage Operation Shut Down
A United State district court has shut down two related operations who apparently failed to provide promised debt relief services and jeopardized clients’ privacy by at the Federal Trade Commission (FTC)’s request. Apparently one firm charged consumers a $1,495 up front fee for a mortgage relief assistance program that was never given as well as [...]
- We Filed Bankruptcy and Discharged Our Mortgage But We Are Still Being Billed for Taxes. – Missie
“Dear Lewis, My husband and I filed Chap 7 bankruptcy in Orange county, Florida. It was discharged in May 2010 and included our home. We moved out of the house in February 2010. We are continuing to get notices from GMAC Mortgage that they’ve force placed insurance and were told that we are still responsible [...]
- Can GMAC Charge Us Foreclosure Fees After Bankruptcy? – Missie
Ch 7 Bankruptcy Discharged May 2010, Florida. Spoke to the mortgage holder (GMAC) for our home that we included in our bankruptcy this year and they said we still will owe the foreclosure fees until all’s said and done and at this point is $18k. They also said it will be probably another year in [...]
- I Can’t Get a Car Loan Because of a Past Bankruptcy – April
April wrote to me through the GetOutOfDebt.org site and asked the following question. 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. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]