Saturday, February 26, 2011
James Ballinger a Jefferson county attorney filed for a lawsuit which questions pre-litigation charges. The lawsuit alleges that the Jamos Fund I LP, of Fort Thomas, Ky., is violating that stipulation by tacking on exorbitant legal fees before the year expires, merely for sending notices to taxpayers that their bills have been purchased.
This is amazing news. Companies that buy delinquent property tax bills are charging unnecessary, exorbitant and illegal legal fees to owners who want to reclaim their property -- and preying on the elderly and unsophisticated, according to a lawsuit filed in Jefferson Circuit Court.he suit, filed earlier this month on behalf of an 86-year-old woman and two other plaintiffs, says that charging attorneys' fees, often within a year after the sales, is both unlawful and unethical. He said that the suit is the first of its kind filed in Kentucky and that the state's courts have never decided whether pre-litigation expenses can be charged during the year after a tax certificate is purchased.
Now here is the catch, Mr James Ballinger also represents American Tax Funding Servicing. Now this is bizarre. A vulture taking another vulture to court of law?
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The Info in the blog is out of this world, I so want to read more.
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