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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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I would like to thank your firm especially Chris Jones and Cindy for all the help they provided in my case. Bankruptcy is not an easy thing to go through and not always easy to understand the terms and terminology that is used. Your team was extremely helpful…
Sam

(Canton, MI)

I have worked primarily with Cindy.  She has been terrific.  She answered any concern I had promptly and courteously.  It made a difficult situation easier to deal with. 
Patrick

(Southfield, MI)

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William Johnson’s Acclaim Legal Services is one of those nice surprises in life. They take complete control of your situation and show you exactly the steps you need to take to have the best favorable…
Craig

(Wixom, Michigan)

Acclaim Legal Services was extremely helpful to us during a very distressing time of our lives. We started off with a chapter 13 then the economy dropped even further and after a year and a half we had to file chapter 7. We had many obstacles to overcome having owned our own business for over 23 yrs.…
Dan & Debbie

(West Bloomfield, Michigan)