K2Law The Law Firm of Kramer & Kaslow Took $3,650 didn't do Loan Modification, Internet

I paid K2Law $3,650.00 to negotiate a permanent Loan Modification with Wells Fargo, who stonewalled me on negotiating one.  K2Law’s contract states they will provide no services until they sign and return a copy to the client. K2 never returned any copies. I called them and they sent nothing. The contract stipulates 4 Stages.

1_Pre-qualification and establish of Lender/Servicer/Investor  criteria. 

2_Legal Compliance Audit. To determine if violations have occurred, K2Law audits client’s loan package.  If necessary submitting a QualifiedWrittenRequest to lender for documents.  After this audit all documents will available to client if they chose to directly contact the lender. I never receive or was offered any documents. 

3_ Processing and preparation of loss mitigation application. I received no calls, emails, or papers at end of Stage3.

4_(Optional)- Negotiation.  Does client elect to retain K2 for negotiation of loss mitigation solution. I was never called, emailed or sent any documents about choosing K2 as negotiator.

 Months later I get a statement from Wells Fargo with a new monthly payment. I call K2Law and they say they think this is a 3 month trial payment I must pay to qualify for a permanent loan modification.  I start making this payment, though its exactly what WellsFargo told me the loan was adjusting to 3 months prior to paying K2Law to negotiate a permanent loan modification.

June 2010 I receive papers from WellsFargo to sign and return, accepting a loan modification from June 2010 to Dec. 2010, then the Loan will adjust again.  Also agreeing never to have a third party negotiate for me.  Also agreeing to pay costs WellsFargo incurs if I delay the sale of my loan to FreddieMac /FannyMae.  I didn’t sign and called K2Law.

I receive the first ever paperwork from K2Law, a hand written FAX stating the exact rates and loan terms that WellsFargo sent me 3 months before I paid K2Law.  K2Law had not negotiated any change in my loan at all, and now wanted another  $625.00 for negotiating a ~4 month loan modification which K2Law said fulfilled their contract.