Seterus Hit with Lawsuit Over “False and Misleading” Debt Collection Letters

This Alert Affects: Anyone who fell behind on mortgage payments and then received a letter from Seterus regarding their non-payment.

What’s Going On?

Seterus has been hit with class action lawsuits that allege the company sent out debt collection letters that falsely implied that homeowners’ loans would be accelerated – meaning the full amount of the mortgage would be due – if they didn’t pay the money they owed within a certain time period. A copy of these letters can be seen below.