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Can't find the Answer you were looking for?
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18817 page views
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Have you been scammed by Avid Law Center?
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9/20/2011 3:45 PM (PST)
Is Avid Law Center entering into a new scam, saying that they will sue your Bank because you can't get a loan modification due to the banks lack of integrity? Avid wants $4000.00 in the first 30 days to start your paperwork & if they actually need to go to court they want more money to the tune of $3600.00.
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10/18/2011 8:39 AM (PST)
Lori, just found your post and wanted to assure you that Avid Law Center is not engaging in some kind of “scam” by suing a bank or lender. The decision to file a lawsuit is always a serious matter and needs to be undertaken only after fully understanding the issues in consultation with a qualified attorney. While it is an option for some clients, it is not for everybody. There can be financial risks, time requirements, and there can never be any guarantee of success. In fact, many people simply do not have a sufficient legal basis, or enough proof, to proceed with a lawsuit. We have brought legal actions against some of the biggest lenders and banks for their wrongful acts against our homeowner clients. The actions of the banks, which recently gained media attention, range from simple deception, “Robo-signing,” improper securitizations, to outright forgeries of documents in “reproduction” mills. Without lawyers willing to help, homeowner will be left to fend for themselves against the banks. Millions of homeowners have already lost their homes, equity in their property, and their life savings based upon what the banks have done to our housing market. While Avid Law Center’s philosophy is to first try and help homeowners work with their lenders to see if a mutual settlement man be reached, for some, no matter what you try, the banks just will not be reasonable. A lawsuit may be a homeowner’s only real option to try to seek a reasonable settlement. Most people could never afford to pay the $500.00-$600.00 per hour that the banks pay their lawyers. In major litigation, attorney’s fees could range in the tens, if not hundreds of thousands of dollars. That is why we try to keep our fees as low as possible – we want to help consumers who are in trouble. Also, Bill M. is correct that even attorneys cannot collect advance fees when working on a mortgage modification. By law, fee can only be collected after completing a contracted service. That is why it often takes upwards of a month of work before a complete fee on a file can be collected. Should you have any other questions, please feel free to contact us directly at (949) 330-6334, or just visit our website at www.avidlawcenter.com.
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12/19/2011 2:35 PM (PST)
The commenter’s portrayal of Avid Law Center is misinformed. Avid Law Center is a law firm, and yes, we do file lawsuits when necessary to help clients obtain a positive restructuring of their loan. If what the comment means by “won a case through litigation,” is how many free houses has Avid Law Center obtained through court action, then the answer is zero. If “won” means successfully stopped or delayed a foreclosure action, then the answer is 100% for those who choose litigation. Litigation, or the threat thereof, can be an effective tool in helping people obtain a positive restructuring of their loan.
Avid Law Center’s pre-litigation efforts are part of a series of options offered to achieve a settlement between the lender and a homeowner client. Attempting to resolve a matter prior to filing a lawsuit is ultimately the best way to minimize costs and expenses to the clients. Litigation can be stressful, protracted, and very expensive. It is almost always best to try and resolve a matter without resorting to actual litigation. In reality, the vast majority of all cases in our legal system never actually go to trial. Still, the risk of a possible lawsuit has helped Avid get the attention of the banks in understanding the advantages of reaching negotiated terms. The mere possibility of litigation has helped Avid Law Center obtain over 600 positive mortgage settlements for clients.
There is no disguise in what Avid Law Center offers or does. We can never, and will never, guarantee or predict a particular result. No one who is honest ever can. However, the dismissive, and incorrect, characterization that Avid is a “document preparation service” denies the effort, skill, and knowledge in working with, following up, and negotiating with lenders. We are real estate litigation law firm representing consumers throughout the state to stop foreclosure and reduce clients' mortgage payments to an affordable amount. Not all of our clients get a modification no matter how hard we try. But we put the work in necessary to get success whenever possible. There are even official estimates that the pre-litigation or modification process requires some 40-60 hours of work to successfully modify a loan. While there are no miracles in what we do, there are some in many of our results. That is why we have successfully stopped or delayed hundreds of foreclosure sales and saved millions of dollars in mortgage payment/principal reduction savings for consumers.
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6/14/2012 9:24 AM (PST)
To Avid Law Center: According to the CA State Bar, your retainer agreement is unethical. Lawyers are prohibited from taking even a penny for loan mods, forensic audits, whatever you choose to call it, before performing all of the services called for in the agreement. Taking money for work done in "phases" does not avoid the prohibition. You are being reported to the state bar.
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