A reader has sent in a Real Estate Law Center mailer they received in Virginia. The mailer appears to be a solicitation to join a mass joinder or mass tort action against the banks for issues related to their mortgages. In this case the mailer from California attorney Adlore Clarambeau (Bar record.) says it is an action against Countrywide Bank
The consumer that sent in this mailer said:
Here’s another of the mailers from these sleazeballs. On this one, they use both of the addresses (Victory Blvd and Vermont Ave) and the back of the mailer includes what I assume is a phony legal-looking document to make them look good.
Really awful. Hope this helps people understand that there is no Countrywide, or Countrywide lawsuit … and this is just another attempt to rip us off.
The addresses the tipster (send in your tips here) is referring to is:
16209 Victory Blvd
Lake Balboa, CA 91406
695 S. Vermont Avenue
Los Angeles, CA 90005
The mailer claims that some of the potential legal outcomes from participation are:
- A new loan at or below current market value.
- A new fixed interest rate at 2%.
- Late payments will be waived.
- Negative credit rating is removed.
- Outstanding balance is restructured.
- Monetary damages may be possible.
I’ll ask some contacts to check on the current status of the suit shown in the mailer and I’ll update the post with what I find out.
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8 thoughts on “Real Estate Law Center / Adlore Clarambeau Mass Joinder Mailer”
Thanks for the information. I just got one of these Class Action Suit notification today on the mail in Miami, FL. I thought it was kind of weird because even though my mother’s mortgage is upside down, she had a 5 year arm fixed that later went variable and her interest went down considerably, which lowered the monthly payment and is also paying her principal faster. I didn’t understand why they would send us a letter to sue unless there was a possibility of modification to lower the principal. Now I know. BTW, they got a new address in case you want to update their information. It’s Real Estate Law Center PC, 30 N Raymond Ave., Pasadena, CA 91130.
Real Estate Law Center PC , 695 Vermont Ave., Suite 1100, Los Angeles, CA 9005 sent me this notice today, May 14, 2012. Conformed Copy Filed Nov, 18, 2011.
Is this legitimate?
I Did receive this notice and at first disregarded it, but after my modification was denied a 2nd time, ( because of a loss of paperwork) I decided to sign up with them. I did go online and verify that this is a real case and is active. The plaintiffs have acknowledged being notified. So far I have received excellent service, I can always get someone on the phone to discuss the status of my case. I was terrified that this might be a fly by night scheme, but I would trust anyone other then the bank now. I Might start a blog called B OF A scammed me.com cause my mortgage should be considered fraud the way it has adjusted. I have been paying on it for 5 years and invested over 100,000 dollars and i owe more today than I did when I purchased the property and now My Home is Worth a lot Less.
I’m a BOA mortgage holder living VA and just recieved the solisitation mentioned above. I have no idea what this is about. What I do know is that i have tried for over two years to have a loan mod approved and I have only experienced the run-around treatment – filling out endles paperwork, talking with analysts working my case only to be replaced by another, and another. I’m always starting over, and have gotten nowhere. Finally a representative told me that the loan I have is owned by a some other financial group that does not consider loan mods therefore I’m SOL!! What’s that about and why jumping through hoops all this time. It’s been a complete waste of time for me and all those involved.
I am pissed at BOA and wonder if the reason for my declined loan mod is just a function of not knowing how to play their game. They have worn me out.
I am a family man owning a small construction firm and was hit hard by the recession. Things are much better but like many other hard working individuals, fell behind and am trying to regain control of my life and finances.
The letter seems a bit sketchy but caught my eye when it stated that some may qualify because of a declined loan mod…
Any advise would help – Thanks
You may just want to run the offer past a real estate attorney licensed in your state and get a second opinion before investing big bucks.
Go to https://www.lasuperiorcourt.org/onlineServices/civilImages/
Click on Case Summary on left
Enter case # BC463386
It will bring up the case with a summary. You can pay online to see the documents that have been filed.
My concern is that is says “Future Hearings: 11/22/2011 at 08:30 am in department 64 at 111 North Hill Street, Los Angeles, CA 90012. Conference-Case Management (2) OSC RE: DISM FOR PLTF’S FAILURE TO FILE POS)”
This tells me that they forgot to get service on BoA / Countrywide. Case might get kicked out. Of course, they might be able to re-file…
Anyone else have any more info?
Someone sent me this update, “It looks like there is a hearing coming up on November 22, 2011. It is an Order to Show Cause hearing re: Dismissal for Plaintiff’s failure to file proofs of service. Which means one of two things: (1) None of the defendants have been served; or (2) if the defendants have been served, plaintiffs just have not filed their proofs of service. If they don’t file their proofs of service by the hearing on the 22nd, the Court may or may not dismiss the case, depending on the arguments/reasons given at the hearing.”
Just want to make sure I understand. The Plaintiffs (represented by Real Estate Law Center) didn’t both to either 1) served the defendants (Bank of America/Countrywide, et al) or 2) if they did serve them, they didn’t file the proof of service.
One conclusion that could be drawn is that the Lawyers representing the plaintiffs had no intention of serving the defendants. Another conclusion might be that they (Real Estate Law Center) are sloppy lawyers. Another conclusion might be that there is no evidence. Another conclusion could be that this is a frivolous lawsuit. Any other reasons why someone inviting people to join the case wouldn’t bother to serve the defendants?
Also, note that the date for “joining” the suit on the solicitation letter is Nov 27, 5 days after after the Nov. 22 deadline. (BTW, Nov 27 is a Sunday.)
Another question: Has this case been certified as a legitimate class action suit? I’m not a lawyer, but I was involved in a major class action suit once, and I know that the court had to grant status for the case to proceed. How phony is this?