Colorado Attorney General fails to prove that Debt Collection Law Firm overcharged

Posted by Clyde Hutchins | Apr 17, 2017 | 0 Comments

Colorado Attorney General fails to prove that Debt Collection Law Firm overcharged

Earlier this month, the Denver District Court ruled that the Castle Law Group, a large foreclosure law firm, did not engage in overcharging and imposing deceptive costs for foreclosure services.The case was brought by the Colorado Attorney General in the wake of the foreclosure housing crisis. The Attorney General alleged that the Castle Law Group and several related foreclosure services entities conspired together to raise the costs associated with foreclosure services. After a three week bench trial early this year, the Court basically concluded that the evidence failed to show a conspiracy to overcharge as described by the Attorney General.

Although the Castle Law Group prevailed on the main claims in the case, the Court ruled that the firm should pay a $119,500 penalty for failing to disclose to Fannie Mae and Freddie Mac that it had made a profit in service fees.

The case is State of Colorado, et al. v. The Castle Law Group, LLC, et al. Case No. 14CV32763.

About the Author

Clyde Hutchins

Clyde Hutchins is the founder of Harmony Law. Mr. Hutchins started his legal career in Cheyenne, Wyoming as a law clerk for the district court judges. Mr. Hutchins then entered private practice with a Wyoming based litigation and business law firm. Later, Mr. Hutchins went to Alaska, where he was the chief litigator for a firm that engaged in bond law, corporate law, securities law, and municipal law. The State of Wyoming hired Mr. Hutchins from Alaska to represent the State of Wyoming in the national tobacco arbitration and act as its tobacco settlement attorney. While in that position, as a hobby, he developed an enforcement unit for consumer protection for Wyoming residents. Mr. Hutchins moved to Colorado in 2016 and founded Harmony Law, LLC. Harmony Law is primarily engaged in civil litigation. It is also a general practice firm in the areas of business law, estate planning, consumer law and family law. Harmony Law is active in all state and federal courts throughout Wyoming and Colorado.


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