The Hoffman Law Group, who promised all sorts of mortgage relief for troubled homeowners, is certainly in the hot seat. Both the Palm Beach Post and WKMG in Orlando have recent articles about allegations and activities.
The Orlando story was interesting. The video below shows a local reporter trying to get a comment from attorney Marc Hoffman, who the Florida Bar has recently filed action against.
Former Hoffman Law Group attorney Michele Stephens is quoted in the article:
“According to the company’s website, “Our firm will demand a new mortgage loan to reflect positive equity, a lower fixed interest rate, a cash settlement for punitive damages, a reinstatement of credit rating, and a waiver of all delinquent payments/penalties/interest and other economic benefits for all plaintiffs.”
“I believed it. And I communicated that to the clients. And they believed it. It sounded legitimate,” said Michele Stephens, a lawyer who moved from Kentucky to Florida in 2013 to take a job at the Hoffman Law Group as a case management attorney. Stephens said she quit less than a year later, believing the law firm was scamming clients.
“My heart bleeds for them,” said Stephens, who began to cry as she described clients on the verge of losing their homes while giving what little money they had to Hoffman Law Group. “I prayed for clients every night when I came home.”
According to Stephens, salespeople who work in a “boiler room” call center located in the law firm’s North Palm Beach office building sign up clients and collect money; typically a $6000 retainer fee followed by a $495 monthly charge.”
She goes on to allegedly say:
“It’s a scam. It’s a money scam,” said Stephens. “I don’t know how people can sleep at night knowing that you’re scamming them. And these people and their little kids are going to be out on the streets.”
Stephens also alleges in the article that the “law firm” is actually driven by marketers:
“Mr. Hoffman was just a name on a door,” said Stephens. The former employee claims the law firm is actually run by Michael Harper, who is not licensed to practice law in Florida. State records show Harper manages a marketing company located in the same West Palm Beach office building as the law firm.”
This my friends appears to be a real mess.