Colorado Springs
54° F
Mostly Cloudy
Mostly Cloudy
Advertisement

Colorado AG investigating foreclosures

Published On: Jul 11 2013 12:11:34 PM CDT   Updated On: Jul 11 2013 12:13:29 PM CDT
Foreclosure file

Gregg Canes/CNN

DENVER (AP) -

The Colorado attorney general's office is investigating whether law firms specializing in foreclosures are inflating fees that homeowners must repay to avoid losing their houses.

According to court documents, law firms pay as little as $25 for someone to post official notices on a property advising homeowners of their rights, but some firms are charging as much as $150 in the bills they file with the public trustee overseeing the foreclosure case.
    
The Denver Post reports the fees are limited to the amount a lawyer actually paid or was billed for a service or expense such as mailing costs, property inspections, title searches and court charges.

Comments

The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms.

blog comments powered by Disqus
Advertisement