Loan Modification News
Apply 2 Save Shuts Down
May 26, 2009 by admin · Leave a Comment
You may remember Apply 2 Save, Inc. from my 20 Worst Modification List back in March.
The IRS and the state of Idaho put the final nails in their coffin last week. The IRS filed four tax liens for over $663,000 for unpaid 2008 federal unemployment and income taxes. The state of Idaho filed a $52,000 lien for upaid withholding tax.
Idaho Attorney General Lawrence Wasden, who had already filed a consumer protection complaint against Apply 2 Save and it’s president, Derek Oberholtzer last month amended his complaint claiming the company preyed on desperate homeowners. By Thursday of last week, Apply 2 Save’s website and telephones were shut down. In another move that is predictable by companies like this, the final paychecks for their employees all bounced.

