The following email was received by a consumer as part of the process to sell her into a lawsuit against her lender.
You will see the most likely outcome from the mass joinder case is said to be “C: Amnesty Program; in lieu of lender criminal prosecution, principal balance reduced to current value & 3% fixed for life of loan.(most likely)”
Sure sounds like the consumer is given an expectation that is the result they will obtain.
Re: ASC Litigation
Sent: Fri 5/20/2011
I enjoyed our conversation today and glad I could introduce you to the Consolidated Plaintiff Litigation Lawsuit. Based on our discussion it looks like you may be a candidate to be included in this lawsuit as thousands have done before you. If you would like to view the attorneys involved and learn more about the process and what’s going on with current litigation, then take a look at our website; www.conlitgroup.com
Our process begins with Phase I : Mortgage Compliance Review (Discovery Process) (time frame 2-3 weeks.)
Phase II : Consolidated Plaintiff Litigation; which will result in:
A: Full Lien Strip; dismissal of lien, property deemed free & clear (least likely)
B: Pre-trial Settlement; loan reduced to 80% of current value & 2% interest rate for the life of the loan. (possibly)
C: Amnesty Program; in lieu of lender criminal prosecution, principal balance reduced to current value & 3% fixed for life of loan.(most likely)
D: Compensatory Awards per plaintiff possible (contingent on findings in Review) $15,000. to $70,000.
Listed below is the fee for our services:
Total Fee is $4,150;
Phase I, Doc Audit $2,500. In the event that no violations are found the $2,500 is 100% refundable.
Phase II : An additional $1,650. to be added as a plaintiff.
I have also attached a Phase I retainer agreement for your review. Please complete and fax back to me to the fax # listed below along with a current mortgage statement to begin the process. Please call me if you have any questions.
Please note offer valid until 5/25/2011 A non-response by this date will automatically opt you out, no further notices will be sent and this offer will no longer be available.
Sr. Case Analyst
877-439-3244 Ext. 7508
5855 Green Valley Circle, Suite 209
Culver City, Ca. 90230
Home Retention Division
Consolidated Litigation Group P.C., a Professional Law Corporation
All Consolidated Plaintiff Litigation performed Consolidated Litigation Group P.C)
(MCR Mortgage Compliance Reviews/REST reports performed by Home Retention Division affiliate)
Click the following names to see State Bar Licensing of associated Attorneys
Christopher J. Van Son Attorney at Law
Philip A. Kramer Attorney at Law
Mitchell J. Stein Attorney at Law
Theodore R. Maloney Attorney at Law
CBS 60 Minutes Special on “Fraudclosure Gate”: April 3, 2011 (CLICK HERE TO VIEW)
The information presented on this email is not to be construed as legal advice. Legal advice must be tailored to the specific circumstances of each case. Every effort has been made to assure that this information is up-to-date as of the date of publication. It is not intended to be a full and exhaustive explanation of the law in any area. This information is not intended as legal advice and may not be used as legal advice. It should not be used to replace the advice of your own legal counsel.
And then one of the documents sent to the consumers is from the law firm of Kramer and Kaslow.
So is Consolidated Litigation Group using Stein’s name with his permission? Have they mended fences? Is Consolidated Litigation Group really Kramer & Kaslow?