ED Magedson – Founder
The McCann Law Group, LLP7960 Baymeadows Way Suite 2000 Jacksonville, Florida USA
The McCann Law Group, LLP Mortgage Modification Rip Off Jacksonville Florida
My wife and I were the victims of a predatory loan when we bought our house. Our bank was later seized by the FDIC and sold. The new bank contacted us and said they wanted to modify our loan. For eight months we sent in all the neccessary paperwork. We were then denied.
We hired the McCann Law Group to obtain a loan modification. We paid the retainer and the first months fee. We sent them all the paperwork And then we were served with foreclosure paperwork. McCann claimed it was "part of the process" of obtaining a loan modification. And now their fee went up to over $1000 per month because it was now in foreclosure.
For months they drafted money from our account and sometimes we could not even get a return call--except when it was the day before the next draft from our account was due.
"We have reached out to your lender and are just awaiting a response" was what they kept telling us. They kept bouncing us around within the firm when we had questions and we never got answers.
So the foreclosure hearing came and an attorney from North Carolina showed to JUST obtain a 30 day continuence. During the court hearing, we learned that McCann had been informed the day after we hired them that there would be no loan modifications of any type for the seized assets of the former bank by FDIC order.
We also learned that no modification paperwork had been filed with our lender by McCann and that basically they placed two phone calls and charged us almost $5,000. They paid the attorney at the first hearing $200. He quit after that hearing.
We demanded our money back. We were informed by their "Retention Mediator" that they had earned that money and that was that. We demanded the paperwork they filed. All we got was a bill where they charged us to talk to us over the phone about drafting more money out of our account.
Our house was foreclosed on and will be sold next Wednesday. Today we recieved a certified letter from McCann informing us that they no longer practice this type of law and for us to have a nice day.
I am filing suit in federal court for fraud. I am also taking them to both the NC and FL State Bar.
This report was posted on Ripoff Report on 02/24/2014 01:02 PM and is a permanent record located here: http://www.ripoffreport.com/reports/the-mccann-law-group-llp/jacksonville-florida-32256/the-mccann-law-group-llp-mortgage-modification-rip-off-jacksonville-florida-1126103. 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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