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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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First of all, we would like to thank you for all you guys have done. I appreciate the honesty, dedication and passion that you guys exhibited towards our case and answering my questions in a fast and complete manner. Given the situation, I know now I made the…
The Jensens

(Milford, 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 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)

I have had a bankruptcy case and effect since around May 2018.

Cindy and Brian have been the individuals primarily concerned with my case.

I was with many other people in life this bankruptcy was a very traumatic experience for me.

My immediate family my mom my sister my stepdad…
Byron

(Dearborn, MI)