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The Advocacy for Consumer Rights Says I Have a Good Case Against Wells Fargo. – Tina

Written by Steve Rhode

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 also posted false statements on the internet, at stating that TAFCR’s program is a conspiracy to get people with mortgage fraud cases to believe they are a victim and implying that TAFCR is a scam. The False Statements have been attached to Exhibit B hereto.”

As a matter of clarification, I never stated the company was a conspiracy. What I did say was it was my opinion the audio presentation made me feel as if the audio presentation sent to me by the consumer, was talking about conspiracy theory when it came to mortgage issues.

“Dear Steve,

TAFCR documented extensive fraud on my loan and conducted an “in depth review” of my Deed of Trust, telling me I have a very good case against Wells (World Savings Pay Option). I have been trying to modify for over 3 years unsuccessfully and am now 15 months behind in payments. TAFCR gives me two options ; Chad Pratt for $5000 modification + $400K in damages, which he will take 30%. Or the controversial Whistleblower program. Would love your feedback on THIS. I’ve attached a pdf but don’t miss the 19-minute audio link included.

Thanks in advance.


Dear Tina,

The first thing to remember is that no mortgage company is obligated to modify any mortgage. The first reality is you may simply be unable to afford your mortgage.

The past few years have been filled with companies that have vanished and attorneys who have been disbarred for mortgage modification schemes.

You mention that you have been solicited to pay attorney Chad Prat a non-refundable fee of $5,000 and according to the document you sent in, plus $29.95 per month.

A California Attorney, Chad Thomas Pratt had disciplinary charges filed against him by the State Bar of California on May 28, 2013. – Source. That matter is ongoing.

The second option they say they gave you was something called the Whistleblower Program. There is a charge for that program as well, it’s just no spilled out in the document. All it says is, “The cost for performing all of the above services is dependent upon the amount of time it will take to prepare the evidence and complaint as each case is unique. If your case is eligible, the fee required to proceed with the above services will be provided upon the completion of your initial review of your Deed of Trust.

After reading through the documents and listening to their audio presentation, I came away with the following impression. It seems like a whole lot of conspiracy theory just to make you the mortgage victim. You can certainly do whatever it is you want to do but you should at least read How Not to Get Scammed by a Mortgage Loan Modification Company, first.

If you feel you have a legal case, be a smart superwoman and find a local real estate attorney who is licensed in your state and get a second opinion before you watch $5,000+ possibly fly away.

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

READ  Is The Advocacy for Consumer Rights and Chad Pratt a Scam? - Will

About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

1 Comment

  • Yeah, RUN! don’t walk. Of course these guys found “extensive fraud,” because they want you to give them five! thousand! dollars! If you want to be a whistleblower, then the Federal Trade Commission, Consumer Financial Protection Bureau, probably the Office of the Comptroller of the Currency, and your friendly local attorney general will all be happy to take your complaint for free.

    If you have a few minutes, here

    is a complaint the State Bar of California filed against a well-known “modification lawyer” for taking thousands up-front from dozens of homeowners and never doing a thing for them. Pardon all the legalese in it, but skip over the boring parts and you’ll see how these things work.
    I do hope you have a case against Wells Fargo, but take it to an actual lawyer in your area who you can meet in person to find out.

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