do not work with encore law group! after 9 months, and going into 10th months, it's still not done. they charged me $16,696.00!
here is the break down of the contract:
liquidation cost - $92,789.00
transfer fees - $1,800.00
processing fee - $449.00
agreement sub total - $95,038.00
mutual release agreement discounted -$72,218.00
maintenance fee credit - $6,124.00
agreement sub total - $16, 696.00
$16,696.00 (fee charged to me)
$ 1,800.00 (transfer fee)
$ 449.00 (processing fee) = $14,447.00 (this is their profit.)
$ 6,124.00 (maintenance credit fee, the amount they said should pay for defaulted maintenance fee when closing due to the time to process but later said that is not what the credit is for. then what credit is the fee for?)
i understand the legitimate cost of the transfer fee($1,800), processing fee($449), and to make some profit and for services.
but when the profit $14,447.00 and lied about the maintenance credit fee,
and it's been 9 months since i signed the contract.
liquidation cost($92,789), mutual release agreement($72,218), maintenance fee credit($6,124)...which suppose to cover the defaulted maintenance fee while the account is getting processed, all these amounts are arbitrary costs they came up with.
my account is not closed and still pending as of october 29, 2024. i'm furious despite doing all my part and my account is not released. read more