Six companies allegedly processing home foreclosures in Nevada and engaging in collection activities even though they are not licensed as debt collectors in the state are are being sued by attorneys Nicholas Boylan and Shawn Christopher.
The attorneys filed suit last month in Clark County (Nev.) District Court and are seeking class-action status on behalf of 16 Nevadans named as plaintiffs and potentially thousands of more plaintiffs as class members.
The companies named in the suit:
• Quality Loan Service Corp., believed to be a California corporation.
• Appleton Properties LLC, a Nevada company.
• MTC Financial Inc. dba Trustee Corps. and believed to be a California corporation.
• Meridian Foreclosure Service dba MTDS Inc. dba Meridian Trust Deed Service, described in the lawsuit as a Nevada and California company.
• National Default Servicing Corp., believed to be an Arizona company.
• California Reconveyance Co., described as a California company.
The suit asserts several counts - including consumer fraud, unjust enrichment and elder abuse as some of the homeowners were age 60 or over.
“The plaintiffs are Nevadans who not only lost their houses in one of the hardest-hit real estate markets, but also were adversely affected by foreclosure companies that did not follow the law during the foreclosure process. The case was filed as a class-action lawsuit because there are thousands of potential plaintiffs who were victims of these foreclosure companies,” said Christopher, of Christopher Legal Group in Henderson, Nev.
The suit seeks unspecified compensatory damages and a requirement that the companies return fees paid to them “for their respective illegal and improper debt-collection activities.”