SORT BY Relevancy
Financial elder abuse is on the rise in California. People are living longer due to advances in science, medicine, health, fitness and nutrition. At the same time, "seniors" (those over 65 years of age - which is still relatively "young" if you think about it) are some of the sole survivors of the "mortgage meltdown" and they are oftens the victims of financial fraud and "elder abuse." This husband and wife podcast discusses what elder abuse is, how to spot it, and the types of legal claims we handle as a California financial elder abuse law firm.
Common perpetrators of financial elder abuse
1. Attorneys (these professionals are in a position of "trust" and "confidence" and can unduly influence, coerce, misinform and cause seniors to make very bad financial decisions that can affect real estate, and stock portfolios). Attorney malpractice is another common claim in this area. We have seen "counseling" that has resulted in the loss of substantial equity in residential and commercial real estate estate.
2. Car dealerships (Car dealerships can try to "steal your trade" or engage in "bait and swtich advertising" or sock you away in a car loan that
5. Family (kids who see their parents as easy targets).
6. Mortgage brokers (lenders and loan officers can sock a senior away - and take exorbitant loan fees - to steer an elder into an unconscionable predatory loan (ex. a negative amrotization or "option arm loan") or fail to advise as to the advisability (or non-advisablity) of a reverse mortgage. These fees can be "taken" in bad faith resulting in serious daamges to an elder.
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Elder Townsend accepted her call to ministry on December 29, 1999. She sat under the tutelage of Bishop Terry McCaskill Sr. while serving at Mt. Sinai World Outreach Ministry. She was ordained as an Elder in the Lord's church on November 12, 2010. Elder Townsend served as the assistant to the Bishop at the Greenville location. Elder Townsend currently serves as the Director of Spiritual Innovation under Pastor James Perry Jr. of Empowerment Worship Center. She is also one of many women to have been inducted into the hall of Professional Women. She has accepted her call to go higher in God with the ministry she founded: DIVAS 4 Christ Ministries: Divinely Inspired Victorious Anointed Sisters!!!
Our mission is to "empower women, one sister at a time!"
Elder Yolanda Townsend, Founder and Visionary
Divas 4 Christ Ministries
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