Colorado AG sends checks for $7.7M in foreclosure overcharge settlement an enforcement action against the Denver firm of Aronowitz & Mecklenburg LLP

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Colorado AG sends checks for $7.7M in foreclosure overcharge settlement an enforcement action against the Denver firm of Aronowitz & Mecklenburg LLP

Colorado AG sends checks for $7.7M in foreclosure overcharge settlement an enforcement action against the Denver firm of Aronowitz & Mecklenburg LLP

The Denver Post-

Homeowners victimized by a law firm’s alleged overcharging of foreclosure fees are receiving restitution of $7.7 million.

The money comes from an enforcement action against the Denver firm of Aronowitz & Mecklenburg LLP, initiated by the Colorado Attorney General’s office.

A lawsuit filed last year by regulators alleges that principals in Colorado’s two largest foreclosure law firms — Aronowitz & Mecklenburg and Castle Law Group, plus some smaller firms — inflated fees charged to homeowners who were trying to save their homes from foreclosure proceedings.

Aronowitz & Mecklenburg agreed to settle the lawsuit without admitting guilt. Castle Law Group is fighting the charges.

[THE DENVER POST]

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