CFPB Wins Law Firm Injunction In Loan Modification Suit

Law360, New York (November 19, 2012, 4:43 PM EST) -- A California federal judge on Friday granted the U.S. Consumer Financial Protection Bureau a preliminary injunction against Gordon Law Firm PC and two loan processing companies in a suit over an alleged loan modification scam, barring them from misrepresenting services or destroying records of their business practices.

The CFPB brought suit in July accusing attorney Chance E. Gordon and his law firm, as well as Abraham Michael Pessar and his loan processing companies, of luring financially distressed homeowners with mortgage relief services and loan modifications for...
To view the full article, register now.




Case Information

Case Title

Consumer Financial Protection Bureau v. Gordon et al

Case Number



California Central

Nature of Suit

Other Statutory Actions


Percy Anderson

Date Filed

July 18, 2012

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.