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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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After five years we finished our chapter 13 plan on June 2. We finally got the discharge and can continue on our new life.

This experience has been very stressful and embarrassing. I am so grateful that Cindy Milln and Chris jones were assigned to us. Both have answered our questions either…
Jim & Pauline

(West Bloomfield, MI)

We just received our discharge on our Chapter 13 bankruptcy today. I want to thank the staff at Acclaim for all the help given during the past 3 years. Everyone I have dealt with was very knowledgeable and gave concise answers to my questions and in timely manner.

Rob & Sarah

(Royal Oak, MI)

I wanted to extend my gratitude for helping me understand my Foreclosure/Chapter 7 situation. I left our meeting feeling reassured about my situation. You presented the information in a way I could understand. I have consulted with legal counsel in the past and…
Rachel

(Initial Consultation)

My experience with the Chapter 13 process from beginning to end was challenging at times. Throughout the almost six years working with Acclaim Legal Services, I must say that from the very first day when my wife and I met with William Johnson to the final days working with Attorney Chris Jones and…
Michael & Pam

(Dearborn, MI)