Class action lawsuit against AMC Mortgage services?

Question

Where do we find out more information about how to become part of this, we don't want to settle and take the $240+ hush money.....

Who do we contact or is anyone doing this?

Answer 1

Ameriquest settled with 49 states and the District of Columbia (the company has never done business in Virginia) over allegations of unfair and deceptive lending practices. Ameriquest denies all allegations but has agreed to implement tough new standards to prevent the alleged practices from occurring in the future.

Ameriquest has paid $295 million into a settlement fund, which will be distributed by an administrator to eligible consumers in payment of restitution. Restitution packets have been sent to eligible Ameriquest borrowers. In order to participate in the settlement, borrowers must return the signed release forms by Sept. 10, 2007. It is anticipated that restitution checks will be mailed out by the administrator sometime before the end of the year.

Sounds to me like your $240 offer is part of the class action settlement. Check with your state attorney general's office to see if this is what is being offered. If it is, further litigation on your part will be a waste of time and money,

Answer 2

I have been a part of all this mess and now AMC is trying to take my home I asked for a one Day exception and they flatly refused, Who In South Carolina is handling this law suite.