BECKLEY — A Beckley woman is suing a mortgage business, alleging unconscionable inducement.
Teresa Lavis, individually and on behalf of all others similarly situated, filed a class action complaint Nov. 21 in Raleigh Circuit Court against Reverse Mortgage Solutions LLC, alleging violation of the West Virginia Reverse Mortgage Enabling Act.
According to the complaint, Lavis almost lost her Beckley home in May after it was offered for sale on a trustee sale by the defendant because of her disagreement with a $1,946.71 hazard insurance premium.
The plaintiff alleges Reverse Mortgage Solutions refused to enter a payment plan and threatened to foreclose Lavis' home unless she pays promptly and in full.
Lavis seeks trial by jury, an order declaring the transaction was unconscionably induced and unenforceable, all damages, costs of litigation and all other equitable relief. She is represented by attorneys Gary M. Smith and Loree Stark of Mountain State Justice Inc. in Charleston.
Raleigh Circuit Court Case number 16-c-736
