When a solar lender goes bankrupt, the loan does not
On a disabled Army veteran whose solar loan kept being collected after the lender changed hands, and on the UCC-1 filing now clouding the title to her home.
The debt is then sold to third-party investors who will continue to collect on the debt, despite getting none of the benefits that they were promised.
Why waiting can end a solar fraud claim before it starts
On two Florida seniors locked into 25-year contracts after a door-to-door sale, and on the deadlines that can quietly close a homeowner’s case.
Delay can be deadly to [a victim’s] case and the entities engaged in this conduct know this as well. It is imperative that once the victim suspects fraud, they engage legal counsel without further delay.
The dealer fee buried in a solar lease, and why the contract total is not the system’s price
On a Tampa homeowner who signed a “solar lease agreement” that functioned as a rental, and on why these contracts are hard to read before signing.
There’s disclosures not being made where the actual money is going. There’s a dealer fee built into the contract, whether it be a lease or a loan, so the amount you’re agreeing to pay is not the actual amount going to the contractor for what’s being installed on your property.
When a solar loan behaves like a 25-year second mortgage
On the fraud suit brought by the Minnesota Attorney General against four solar finance companies, and the class action being assembled for Dividend Finance customers.
They are paying for a system, the equivalent of what would be a second mortgage for a quarter of a century.
The regulatory gap that let predatory solar sales spread in Florida
Named as the first attorney to sue Vision Solar in Florida state court, after hearing from more than 100 solar customers across the state.
I’m not going to say every actor is a bad actor, but I would advise people to be extremely cautious when looking to do solar panels, based on the lack of regulation, the lack of enforcement. It’s opened a gap for predatory behavior.