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Wrong Robert Burton?

Robert R. Burton

Owner

Pinnacle Financial Consulting

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Pinnacle Financial Consulting

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Background Information

Employment History

Financial Analyst

Bank of America Corporation


Web References(14 Total References)


Bankruptcy decision slams unauthorized practice of law | Forghany Law P.C. | Lawrence, Massachusetts

forghanylaw.com [cached]

Boroff fined and sanctioned Robert R. Burton, the owner of Pinnacle Financial Consulting, for violating 11 U.S.C. §110, a consumer protection measure in the federal Bankruptcy Code that governs the conduct of non-lawyers who prepare and file bankruptcy documents for compensation.
Burton and Pinnacle Financial were ordered to pay a total of $35,000 in fines to the U.S. trustee and disgorge fees and damages totaling $18,000 to six debtors. Bankruptcy lawyers applauded the Office of the U.S. Trustee for prosecuting the case against Burton, a law school graduate, and Pinnacle. Burton, meanwhile, said the decision is too harsh, will eliminate low-cost alternatives for those who cannot afford a lawyer, and interprets §110 so restrictively as to render any petition-preparation business untenable. "I think it was a very anti-business decision," Burton said. "Most attorneys know most of these clients - but for me - wouldn't have been able to file for bankruptcy." Burton was represented by Darrell Mook of Donovan Hatem in Boston. According to Boroff's decision, Burton and Pinnacle began preparing bankruptcy petitions in 2007 or 2008. While Burton publicly touted the fact that he graduated from law school, neither his business card nor website noted that he was not licensed to practice law. For example, Boroff found that Burton compiled information from the clients' credit reports and other documents to enter himself; that Pinnacle employees advised debtors on how to value their property; and that Burton would discuss and summarize client materials and answer clients' questions. The adversary proceeding against Burton in Bankruptcy Court is part of the trustee program's increased focus on petition preparers. While Burton complains that Boroff's ruling makes it virtually impossible for non-attorneys to help debtors prepare bankruptcy petitions for compensation, lawyers interviewed for this story suggested that is probably the way it should be. When confronted with his violations, Boroff said, Burton became obstinate and flippant. In person, Robert R. Burton's composed and confident manner is both convincing and disarming. During an interview at the offices of Pinnacle Holdings, which he said is the parent company for Pinnacle Financial Consulting and other endeavors, the Lawrence bankruptcy petition preparer is quick to say that he respects Judge Henry J. Boroff and his ruling in In Re: Rosario, Felix, et al., that he persisted with the case in hopes of receiving guidance on what he is allowed to do as a petition preparer, and that Boroff's judgments about his demeanor and credibility were misperceptions. "I think he got a wrong read of me," said Burton, who was taken to task by the bankruptcy judge. "I'm passionate about what I'm doing. Burton said he conducted the petition preparation work in two separate downtown Lawrence locations that are now closed. In shiny wingtip oxfords and a shirt with a monogrammed cuff, Burton said that petition preparation "was a small portion of our business, but I did it because I saw a huge need" and that "most of our clients have been very happy with us." A former classmate of Burton's at the Massachusetts School of Law in Andover also did not defend him. "One of my clients was robbed by them," were the first words out of Lamya A. Forghany's mouth when a reporter called to ask about Burton and Pinnacle. Forghany, a Lawrence bankruptcy attorney, said she accepted the client pro bono on a referral from Merrimack Valley Legal Services. According to Forghany, her client had gone to Burton for help with her mortgage. Burton allegedly took the client's money, but made no effort to obtain a home loan modification for her. When the client got a foreclosure notice, Forghany said, Burton pressured the woman to file a Chapter 13 bankruptcy. Burton allegedly accepted more fees, but the bankruptcy case was dismissed and the client ultimately lost her house. Forghany said her client gave Burton a total of $4,000 to $5,000. The most damning condemnation of Burton, however, can be found at Suffolk Superior Court, where Attorney General Martha Coakley is suing Burton and Pinnacle for unfair and deceptive acts and practices in connection with foreclosure-related services and practicing law without a license. The most damning condemnation of Burton, however, can be found at Suffolk Superior Court, where Attorney General Martha Coakley is suing Burton and Pinnacle for unfair and deceptive acts and practices in connection with foreclosure-related services and practicing law without a license.


AG Coakley Targets Financial Companies for Predatory Loan Practices, Warns Homeowners About Foreclosure Relief Scams | RealEstateRama

massachusetts.realestaterama.com [cached]

According to the lawsuit, filed in Suffolk Superior Court on Wednesday, Pinnacle Financial Consulting, LLC (Pinnacle), and its owner, Robert Burton (Burton), allegedly engaged in unfair or deceptive conduct while marketing, soliciting and providing loan modification, bankruptcy petition preparation and financial advising services.


Capital IQ Power Moves » Tracking Movers and Shakers in the Financial World

powermoves.capitaliq.com [cached]

Sector: Banks and Thrift | Tags:E*Trade Bank, E*TRADE Financial Corporation | People: Peter Knitzer, Robert V. Burton
Robert V. Burton


Capital IQ Power Moves » Cousins Properties Announces Executive Changes

powermoves.capitaliq.com [cached]

Robert V. Burton


powermoves.capitaliq.com

Previous Post:Wells Fargo Appoints Ronald Stack, Edward Boyles and Robert ...
Robert V. Burton


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