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Did the Government Settlement with Major Banks Over Foreclosure Violation Ultimately Help Homeowners and Stop Future Foreclosures?
Posted by AcclaimLegalService
Last month federal regulators announced a settlement of $8.5 billion dollars with 10 major banks to satisfy claims of foreclosure proceeding violations. This breakdown is $3.3 billion in direct payments to borrowers. The remaining part of the settlement will go to such things as debt forgiveness and loan modifications totaling $5.2 billion. So how will this money really be used? - and more importantly,…
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Managing Attorney Chris Jones was recently interviewed about filing for bankruptcy and the benefits of Chapter 13 bankruptcy.
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Attorney Michael Brown Author's Articles for American Bankruptcy Institute
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Avoiding Bankruptcy in 2023
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We can’t thank you enough for your help over the past 3 years. Your professionalism and patience speaks volumes about you!
It's pretty scary when you find yourself at the doorstep of bankruptcy but with the help of these great attorneys and paralegals walking every step with you, it's not so bad. I would like to give a great big shout out to Leanna Sikes who was an enormous help to me when things seemed to be going south.…
I retained representation with Acclaim Legal Services after I had previously retained representation by a different law firm. My previous attorney was never available for me to consult with them, and treated me very rudely. As a result of this treatment I decided to retain Acclaim Legal Services to…
I came into my Chapter 7 Bankruptcy with a lot of questions and a lot of misinformation. I was concerned if I was ever going to get out of the mess that had been created. My attorney quickly put me at ease and made the law very clear so I could easily understand…