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GMAC_Letter Illinois AG

GMAC_Letter Illinois AG

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Published by Andy Kroll

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Published by: Andy Kroll on Sep 24, 2010
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09/24/2010

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 September 23, 2010William B. Solomon, Jr.General CounselALLY Financial, Inc.200 Renaissance CenterP.O. Box 200Detroit, MI 48265-2000Dear Mr. Solomon:It has come to the attention of the Illinois Attorney General
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s Office, via pressreports, that ALLY f/k/a GMAC may have been engaged in deceptive debt collectionpractices pursuant to the Illinois Consumer Fraud Act in your pursuit of homeforeclosures.Please be advised that the office requests a meeting with your company todiscuss this matter as soon as possible.In the meantime, immediately please provide this office with the followinginformation:1. The number of homeowners in Illinois affected by the stay onforeclosures;2. The names of the law firms in Illinois that are retained by ALLY to pursueforeclosure actions;3. How these firms will implement and monitor the stay ; and4. The length of the stay on foreclosures.Sincerely,Deborah HaganChiefConsumer Protection DivisionSusan EllisAssistant Bureau ChiefConsumer Fraud Bureau

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