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Nevada Foreclosure Companies Face Illegal Debt Collection Class Action


Las Vegas, NV: A foreclosure class action lawsuit has been filed on behalf of 16 Nevadans against five companies hired by banks and lenders to handle the foreclosures on properties owned by the plaintiffs and one additional defendant who purchased property through the foreclosure process. The lawsuit claims illegal debt collection activities and deceptive trade practices by the defendants against the plaintiffs during the foreclosure process as the defendants were not licensed or registered in the State of Nevada to carry out the foreclosure process.

The plaintiffs are Nevadans who not only lost their houses in one of the hardest hit real estate markets, but were also adversely affected by foreclosure companies that did not follow the law during the foreclosure process.

The lawsuit names as defendants: Quality Loan Service Corporation; Appleton Properties, LLC; MTC Financial, Inc. dba Trustee Corps; Meridian Foreclosure Service dba MTDS, Inc. dba Meridian Trust Deed Service; National Default Servicing Corporation; and California Reconveyance Company.

The lawsuit seeks to compensate the plaintiffs and compel the defendants to surrender all fees collected for many thousands of foreclosures during the time they were operating illegally. The case was filed as a class action lawsuit because there are thousands of potential plaintiffs who were victims of these foreclosure companies.

The lawsuit alleges that the debt collection activities of the defendants are and/or were illegal and improper because each of the defendants did not hold a license to engage in debt collection activities in the State of Nevada and each also failed to register as a foreign debt collection agency with the Nevada Financial Institutions Division.

The illegal and improper debt collection activities include the issuance of debt-related notices, demands, collection communications and/or foreclosure sales and processes. In addition, the plaintiffs also claim deceptive trade practices, consumer fraud, unjust enrichment, trespass, quiet title and in two instances, elder abuse.

Plaintiffs are asking for compensatory and consequential damages in excess to $10,000, disgorgement of any amounts paid to defendants for their respective illegal and improper debt collection activities, attorney's fees and injunctive relief.

Nevada Illegal Foreclosure Class Action Legal Help

If you or a loved one has suffered damages in this case, please click the link below and your complaint will be sent to a lawyer who may evaluate your claim at no cost or obligation.
Published on Jan-31-12


READER COMMENTS

Posted by
Anonymous
on
PHIL FRINK & ASSOCIATES unlicensed/illegal Nevada debt collector, allegedly, fraudulently conspired in false liens and illegal foreclosures of dozens of homes.

Please file complaints with CFPB, FTC & FBI.

Posted by
Eric Mesi and Betty Mesi
on
In my case, NDSC has been foreclosing illegally NRS 598 and 598A. NDSC and Tiffany & Bosco/Gregory Wilde Attorney is acting as a Beneficiary Lender, Trustee and acting to have full power of interest to foreclose. On the several Trustee sales on both my parents and my home, they never include a Beneficiary Lender or Trustee other than their selves. My father passed of Cardiac Arrest, from this illegal debt collection. My father or I never agreed to the Fannie Mae Freddie Mac Deeds of Trust California Reconveyance originally used. William Guy Malcolm of Malcolm & Cisneros Law Firm was the first illegal debt collector after my home. Now it is NDSC Tiffany & Bosco Gregory Wilde, Akerman and Aldridge Pite Law Firms, all illegal debt collectors. I paid cash for my home as well as my parents. NDSC and Select Portfolio (SPS) illegal foreclosed on my parents home 1/15/2016 using my name and illegal using US bank trust NA name. My credit is perfect and shows NO foreclosure. SPS was never granted a license to operate in Nevada.

Posted by
Patricia E DeCosta
on
Due to financial collapse in Las Vegas Valley, in 2010 thru recent, Clark County lost funding and in turn layer off County Building Inspectors, of which was my husbands work at the time.
The strain and stress of receiving Foreclosure threats was extreme. And yet we continued to make payments but we're late.
Quality Loan Servicing was part of our seemingly "forced to sale and vacate" our home of 22 years.
I have kept all documentation correspondence, in date order,regarding our JPMORGAN Chase loan and Quality Lending. Both of these companies wrongly, inaccurately and conflictingly corresponded with us. JPMORGAN with HARP and Quality Lending with Foreclosure threats.

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