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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
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Avoiding Bankruptcy in 2023
- May 09, 2023
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…
I would like to tell you how pleased I am. The service and manner your office provided was super. After I was started with the Chapter 13 process, I have since told 14+ people about your services. I would also like to mention that in 2010, I ran into Bill Johnson…
When I started at Acclaim they were every helpful in explaining the things i need to know an what all the paper work i needed to get together. As i went through all the process on my Chapter 13 bankruptcy they kept me informed of all i need to do and to get for them. If…
We want to thank Mr.William Johnson and everyone at Acclaim Legal Services for assisting us throughout our Chapter 13 plan, always available, always ready to assist us, such a long journey, so many ups and downs to finally, getting through these 5+ long years, thankfully it is now over, this has