You guys remember "You Walk Away, LLC"? That is the organization that showed you "how" to walk away from your mortgage while charging you a fee of $995. Well...I found a blog post discussing a class action lawsuit that has been filed against You Walk Away...by these deadbeat homeowners. TOO FUNNY!
The suit alleges:
“We believe that You Walk Away’s conduct falls within that described by the California Attorney General’s Office as the ‘Foreclosure For a Fee Scam’” says attorney Benjamin Meeker. As described by the California Attorney General’s Office, foreclosure consultants who perpetrate this scam advertise to homeowners that they can provide “advice” on staying in their home until they are evicted.
“As its business name illustrates, the plaintiffs allege that You Walk Away entices homeowners into believing that simply walking away from a foreclosed home has few, if any, consequences, while charging hefty fees for its products” Mr. Meeker explained.
Bogus lawsuit... only 2 plaintiffs... hardly a class action!
Posted by: Chris | July 14, 2009 at 12:28 AM