Foreclosure Assistance Solutions Pays Restitution to Texas Homeowners

19 Mar Foreclosure Assistance Solutions Pays Restitution to Texas Homeowners

Texas Attorney General, Greg Abbott announced that Texas’s enforcement action against Foreclosure Assistance Solutions (FAS) has concluded. The Florida-based company can no longer engage in the foreclosure mitigation business in Texas. Further, the company has paid more than $390,000 in restitution to 351 Texas homeowners.

FAS is the eighth foreclosure rescue operation shut down by the Texas Attorney General. Attorney General Abbott stated: “Today’s agreement not only shuts this company’s doors, but it permanently prohibits its owners and operators from conducting this type of business in the state of Texas. Equally important, the agreement provides significant restitution for the victims of this unlawful enterprise.”

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Jay S. Fleischman is a bankruptcy lawyer with offices in Los Angeles and New York. He can often be found on Google+ and Twitter, where he shares information about consumer protection issues and personal finance.
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