Report: #1045349

Complaint Review: Rust Consulting, Inc.

  • Submitted: Mon, April 22, 2013
  • Updated: Mon, April 22, 2013
  • Reported By: rOcO — Fremont California
  • Rust Consulting, Inc.
    PO Box 8056
    Fairbault, Maine
    United States of America

Rust Consulting, Inc. RIP OFF! Where's the $840 we were promised?Only got $300! Fairbault, Maine

*General Comment: Confusion

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A few weeks ago in March we received a postcard saying we were qualified for a payment under the agreement with the federal banking regulators under the Independent Foreclosure Review by the regulators. Upon more research, I was able to see that everyone was supposed to receive at LEAST $840. Other reports were also stating that it was at least that amount, if not more.
Today is April 22, 2013 and we received a check from Rust Consulting for $300. What happened to the other $540?? Lawyer's fees? Really? I also found out upon more research that some of the checks they had sent out were bouncing because of "insufficient funds".

How in the world does a company who is supposed to be distributing funds to homeowners not have money in the bank?? This is ridiculous and I would like to know how I can file a lawsuit against this company and to make sure that all homeowners get the money that is supposed to be coming to them.

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This report was posted on Ripoff Report on 04/22/2013 06:38 PM and is a permanent record located here: 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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#1 General Comment


AUTHOR: other_guy - ()

you have the Independent Forclosure Review confused with the National Mortgage Settlement. the $300 check is from the IFR. The proposed $840 is National Mortgage. your comment shows confusion between the two. Look at the website. Then give the administrator a call for clarification.

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