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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,…
Latest Posts
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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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Attorney Christopher W. Jones Quoted in DS News Magazine
- May 23, 2023 -
Michigan Foreclosure Forecast for 2023
- May 12, 2023 -
Avoiding Bankruptcy in 2023
- May 09, 2023
I would love to let you know about my experience with Kevin,Chris and Cindy. They gave my husband and I are life back. We have a list of life major hurdles. I can say without a doubt they were the only ones we could count on with truth and facts and promptness.…
I want to take a minute to thank you for always being available to answer my questions (no matter how obscure! Lol). I thank you for the time and patience you have with me. If no one tells you, you are an angel on earth and highly appreciated.
I am writing to thank you for your excellent, client-oriented service through a difficult financial hardship.
I would recommend Acclaim Legal Services (ALS) to anyone seeking relief to the gradual and stressful, and at time, overwhelming pressure of financial debts.
After a thorough…
I wanted to take a few moments and offer a sincere THANK YOU for all the hard work that everyone at Acclaim Legal Services has done so far on my Chapter 13 Bankruptcy case. As you know, this process has a lot of emotional attributes for the filing person and is not a position I ever foresaw.
Since…