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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,…

Read more | Feb 25, 2013

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Five years ago I was in so much debt that I couldn’t think straight. I wasn’t eating or sleeping properly. Then I lost one of my jobs (neither one was paying very much, just a bit over minimum wage). I began to be late on my house notes every month. I got into a car accident which threw me behind…
Wendy

(Warren, Michigan)

I just wanted to let you know how much I appreciated your help throughout my Chapter 13 bankruptcy.  I am so glad I decided to go with Acclaim Legal Services.  Everyone I dealt with were very professional.  I really appreciated how quickly you responded to me…
Debbie

(Ann Arbor, MI)

Acclaim Legal Services has provided me professionalism, service and most of all results!

I came to Acclaim Legal Services when I was desperate to find another attorney to take over my pending case. I was not sure who was going to handle my file as this…
Lynn

(Macomb Township, Michigan)

I would give the Acclaim team an A+.  The team never made us feel any less then important to each of them from the Desk Clark to the Trustee – I must say…. the communications that I had with Nicole M. Hollihan was always great – e-mails and voice mails were answered…
Sandy & Bob

(Westland, MI)