US Loss Mitigation Services, USLM, STAN SCHULTZ, Or Now LOSS MITIGATION SERVICESUS Loss Mitigation Services, BEWARE THIS COMPANY DOESNT PAY! THEY ARE A BIG SCAM. DONT DO BUSINESS WITH THEM! Poquoson Virginia

AFTER DOING LOTS OF RESEARCH ON US LOSS MITIGATION SERVICES, USLM, STAN SCHULTZ, SCHULTZ AND SCHULTZ ENTERPRISES.  THEY RIP OFF EVERYONE, IF YOU GO THROUGH THE ARCHIVES OF RIPOFF REPORT.  THERE ARE HUNDREDS OF COMPLAINTS ON THEM.  THERE REBUTTALS ARE ALL LIES.  I HAVE CONTRACTS TO PROVE THEY LIED.  I NEVER RECIEVED ONE DOLLAR IN COMMISSION THAT I WAS OWED.  THEY ALSO NEVER GOT ONE LOAN MODIFIED EITHER.  BEWARE,  THEY ARE NOT ETHICAL AND WILL LIE TO COVER IT UP.  WARNING!  DO NOT DO BUSINESS WITH THEM YOU WILL REGRET IT.

ANTHONY

FLORIDA

> On Thu, 2 Apr 2009 11:19:24 -0400, Anthony wrote
> > Stan,

I have been waiting patiently and have been getting the run around about getting paid on this file that closed back in early February. I was under the impression that after the file was closed, I would get my check without having to raise the issue to 5 people over a 2 month period and still get no were. I have been trying to get my commission check since February. I have been extremely patient considering my client paid you in advance back in December. Please take care of this promptly as it has already been way to long.

>
> > Anthony
> We want to express an apology as we have been impacted by market conditions outside of our control. You are probably aware of current economic situations related to our industry and the financial markets by viewing and reading the news. Our operation's core is to satisfying non-performing assets related to underwriting for affiliates and the servicing industry. However, the increasing unemployment rate has caused a large number of homeowner requests for assistance not to qualify and/or delay their start for help.

> This has caused some cash-flow issues that have lessened our ability to satisfy our operational cost, however we?ve seen some small improvements in recent weeks. We just have a small number of affiliates in the same boat as you so-to-speak. As you may be aware, our current affiliate base pays us $395 per case and they keep the rest. We no longer take the total deposits to hold - just our share. In retrospect this was favorable business decision we made late summer of 2008. If not, there would have been many more affiliates in the same position as you.

> A proposal we have offered the other affiliates, to satisfy their balances quickly, is that we would consider taking on cases from them. We would consider this with you and satisfy your balance at a rate based on our $395 per case - it is just an option.

> For example, if you had a balance of $1,000 here we would divide the $395 into this amount and we would take on 3 cases for you. You would essentially receive monetary benefit, using the example given, of submitting 3 cases at a rate of $333.33 per case. In other words, you pay us nothing and we work your next 3 cases, but technically we are using what we have of yours as credit toward those cases. Again, this is just an option for you to consider. This is the best we can do at this point and quickly satisfy your balance. Although, the actual number of cases we work for you will depend on the actual balance on your account.


> Let us know if this is acceptable as we are trying to manage this situation the best way so you are receiving monetary benefits quickly. If this is not possible, we will work toward satisfying the balance as soon as feasibly possible, although there?s no specific time on how long this would take at this point.


> I appreciate your cooperation in this matter and the continued patience you have shown. Please feel free to contact me and your convenience.

> Our organization has always satisfied their obligations and will continue to focus on that core goal as we reorganize our operation. Thank you.

> Sincerely,


> Stan Schultz
> CEO/President
> US Loss Mitigation

>

Stan Shultz has been ripping people and businesses off for years, do a search for their company, youll find tons of complaints. He hires kids in HS to push paperwork through, his success ratio is less than 50% and most of the time after taking fees he tells people there is nothing he can do and they should declare bankruptcy. He sells a do it yourself kit that requires you send your clients ot him for processing and that you buy leads from companies that pay him a kickback for your sales.

I even heard he ripped his own brother off. This guy and company should be avoided.

TO THE ATTENTION OF ALL READERS:

THE US LOSS MITIGATION HAS NO RELATIONSHIP TO THIS COMPLAINT - WE DO NOT HAVE A MEMBER'S WHO ARE OWED. MEMBERS PAY OUR COMPANY A ONE TIME FEE OF $137.50 TO $395 - THIS IS IT. AFFILIATES KEEP THEIR MONEY AND THEN FORWARD OUR SHARE TO US - NO 1099'S TO SEND TO OUR AFFILIATES - INSTEAD THEY SEND THEM TO US SINCE THEY PAY US.

UPON RECEIVING MANY SIMILAR COMPLAINTS WE DID INVESTIGATE, LOCATE, AND REQUEST THAT THIS ONE COMPANY ARE THEIR REPS CEASE THIS REPORTING. THEY COMPLAINTS ARE GENERATED TO PREVENT OUR ORGANIZATION FROM ACQUIRING NEW REPS SO THESE COMPANIES CAN ACHEIVE AN UNFAIR ADVANTAGE. WE HAVE, AND REMAIN, PROVIDING SERVICES FOR MANY REPS SINCE 1985 SUCCESSFULLY.

THIS IS JUST ATTEMPT TO TARNISH OR LONG STANDING COMPANY NAME, BY A COMPANY OR INDIVIDUAL, TO TAKE ADVANTAGE OF CONSUMERS BY USING A BOGUS REPORTS TO MISLEAD. UNFORTUNATELY, THERE HAS BEEN A TREND OF THIS PARTICULAR TYPE OF REPORTING OF NON-PAYMENT TO SWAY READERS.

AGAIN, WE DON'T PAY REPS INSTEAD WE ARE PAID BY LENDERS, REPS THEMSELVES OR PRIVATE EQUITY FIRMS TO ASSIST WITH THE REVERSAL ROLE OF NON-PERFORMING LOAN'S. BECAREFUL AND DO YOUR RESEARCH.