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Mortgage broker ordered to stop telling people he's a lawyer who can save their homes

The state Attorney General's office has gotten a temporary restraining order against a mortgage broker who allegedly soaked troubled homeowners for fees he claimed would help him stave off their foreclosures. According to the lawsuit filed against David Coleman of Methuen yesterday:

... Coleman would target vulnerable homeowners on the brink of foreclosure by combing newspapers for victims' contact information in foreclosure notices. He would then allegedly make unsolicited calls to the homeowners where he would offer to save their homes from foreclosure by assisting them in filing for bankruptcy in exchange for a $1,000 cash fee upfront. The complaint further states that Coleman held himself out to consumers as a bankruptcy expert and an attorney, even though he does not hold a license to practice law in Massachusetts or in any other state. ... In many instances, the bankruptcy petitions were deficient and dismissed because they were incomplete or lacked the proper information. Homeowners allege that when they attempted to contact Coleman about these deficiencies, he was either not reachable or, if reached, he brushed off consumers’ concerns. ...

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