- Report: #893910
Report - Rebuttal - Arbitrate
Complaint Review: Mandelman Inc.
Mandelman Inc.18000 Studebaker Rd. Suite #700 Cerritos Ca. 90703 Los Angeles, California United States of America
Mandelman Inc. Realty Law Group; All State Law Group; My wife and I used $3500.00 from our IRA because they said they would represent us in a Loan Modification and they did nothing. We checked with the Bank for months they took our Money emailed us once Los Angeles, California
*REBUTTAL Owner of company: I have reported this fraud to the California Attorney General...
*Consumer Comment: Important: To the Victim
*Consumer Comment: I am NOT Mandelman Inc. and have NOTHING to do with this company.
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legal professional or group. We saw the advertisements on the Internet for Martin and his "associates". We felt confident that they would be able to properly represent us to the Bank where we have our home loan. It seemed appropraite to have a legal firm represent us even though we were not in forclosure. Even I know you dont have to be in financial trouble to have you loan refinanced or Modified. When we made contact with the attorney (we thought) by filling out the online form, a man came to our business claiming to represent the firm in Los Angeles. He gave us a lengthy explaination about how credible they were and how well they did in the loan modification process. [continued below]....
with a breakdown of payments and iterest rates we would be paying if we allowed them to represent us in the modification.
To summerize the meeting he said in three months "after depositing $3500.00 with thier firm" we would be down to paying $25.00 a month and would have had a counsler "a modification counsler" that is assigned to our case within the first 30 days. The catch was we needed to be in default on our payments and we were not. His reaction was "well then theres nothing we can do to help you" which if you have ever delt with a modification is a complete lie, I just wish I had known it then (sigh). Ironiclly even though we were not in default they accepted our money as a "retainer" and gave us no indication of how the funds were to be spent.
This report was posted on Ripoff Report on 06/06/2012 05:04 PM and is a permanent record located here: http://www.ripoffreport.com/r/Mandelman-Inc/Los-Angeles-California-90703/Mandelman-Inc-Realty-Law-Group-All-State-Law-Group-My-wife-and-I-used-350000-from-our-893910. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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