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Report: #1241898

Complaint Review: Bank of America - Broomfield Colorado

  • Submitted:
  • Updated:
  • Reported By: Andreu — Las Vegas Nevada USA
  • Author Not Confirmed What's this?
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  • Bank of America 11802 Ridge Parkway Broomfield , Colorado USA

Bank of America and Walled Lake Credit Bureau LLC BofA Loan Modification using Collection Company to Collect Debtor Information Broomfield Colorado

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Wall Lake Credit Bureau LLC is a collection agency fronting as Bank of Americas' vendor for the purpose of obtaining information to do the Bank of America Loan Modifications for borrowers. 

 

Any information you provide to Wall Lake is being collected not only for a possible Loan Modification but also to collect any possible deficiency balances from you in the future. 

 

BofA and Wall Lake have been sued numerous times for their actions and they have settled most of these lawsuits including:

Magness v. Walled Lake Credit Bureau, et al., Case No. 12-cv-06586-LDD

http://www.gardencitygroup.com/cases-info/WLC/  BofA and Wall Lake paid out $550,000 to Pennsylvanis homeowners in this settlement. 

 

http://bankofamerica.mortgagesettlementmonitor.com/  this is a billion dollar class action settlement against Bank of America by the US Justice Department regarding real estate loans.  What is amazing is that BofA misused billions of dollars of federal bailout money and not one Bank of America or Wall Lake employee went to prison. 

 

Do not send your personal information to Bank of America regarding loan modifications. You are actually sending your social security number, address, bank statements etc.; to BofAs collection agency. BofA does not intend to complete the loan modifications, they are collecting your personal information to scare and intimidate you into making payments and to collect against you in the future. 

 

Contact a law firm that has sued BofA and Wall Lake in the past and report their claim against you. (Google BofA and Wall Lake Credit Bureau, LLC) You can get a referral to a law firm that is compiling a class action suit against BofA and Wall Lake in your state. 

 

 

This report was posted on Ripoff Report on 07/14/2015 06:11 PM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-of-america/broomfield-colorado-80021/bank-of-america-and-walled-lake-credit-bureau-llc-bofa-loan-modification-using-collec-1241898. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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