“PROVEST is prepared to enter into this Assurance ofVoluntary Compliance (hereinafter referred to as the “Assurance”), without an admission that PROVEST violated the law and solely for the purposes of resolving Investigation No. Ll0-3-1197.”
Attorney General Bondi’s Office Obtains $462,500 to Provide Legal Aid to Low-Income Individuals Facing Foreclosure
TALLAHASSEE, Fla.–Attorney General Pam Bondi today announced that ProVest, LLC, one of Florida’s largest service processing firms, has agreed to pay $462,500 to the Florida Bar Foundation to continue the legal aid program that assists low-income individuals facing foreclosure. The settlement with ProVest resolves allegations regarding improper service of process in foreclosure cases filed in courts throughout Florida. Under this settlement, ProVest must follow certain business practices intended to ensure proper and lawful service of process in mortgage foreclosure cases filed in Florida.
“This settlement is another important step in ensuring the integrity of the mortgage foreclosure process in Florida,” stated Attorney General Pam Bondi. “This agreement will help ensure the fair administration of foreclosure cases filed in our state.”
ProVest cooperated with the Attorney General’s Office and has agreed to provide enhanced training to its employees and contract process servers to ensure the accuracy of all service of process paperwork filed in Florida courts. Additionally, the company has adopted policies and procedures to improve its business practices. ProVest must also conduct audits to detect irregularities in the execution of Florida returns of service, returns of non-service, affidavits, and other related processes.
Copy of the ASSURANCE OF VOLUNTARY COMPLIANCE agreement below…