On March 5, 2012, the Federal Trade Commission filed an action against Defendants Sameer Lakhany, The Credit Chop, LLC, Fidelity Legal Services LLC, Titanium Realty Inc., Precision Law Center, Inc., and Precision Law Center LLC, alleging that, in connection with their loan modification business and related mortgage litigation business, Defendants violated various provisions of the FTC Act which prohibit unfair or deceptive acts and violated the FTC’s Mortgage Assistance Relief Services Rule – the MARS Rule – which prohibits advance fees for loan modification services.
On March 7, 2012, the Court entered a Temporary Restraining Order with an Asset Freeze and Appointment of Temporary Receiver. The Court has set March 21, 2012 as the date on which it will consider whether to enter a preliminary injunction.
On March 8, 2012, the court-appointed Temporary Receiver took possession of the businesses and has temporarily suspended operations. The Temporary Receiver has established this website as a vehicle to communicate information about the case and the receivership’s activities. We will post regular updates as developments merit.
Presently, the Court has sealed the files, but once the files are unsealed we will post copies of the Complaint and Temporary Restraining Order with Asset Freeze. – Source
The site instructs people with claims to contact the receiver at [email protected].
For additional information as it is made available visit precisionlawreceiver.com.