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Question

Have a bad experience with a loan mod.

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11/1/2009

Anyone had any buisness dealings with California Law Group in Irvine for a loan mod?

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11/2/2009

There is a BBB report on the company available at http://www.la.bbb.org/Business-Report/California-Law-Group-100078160

Effective October 11th, 2009, it is illegal to collect any fees, regardless of the form, for negotiating or attempting to negotiate a loan modification for a residential mortgage. All services must be fully completed before any charges can be imposed. It is also illegal to divide advance fees or services into components for the purpose of avoiding this law.

Housing and Development approved housing counselors are exempt from this law.

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