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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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Almost a year ago to the day, I walked into your office overwhelmed and defeated and hopeless because of where I was at financially as a result of a difficult divorce. This last year has been a long and hard journey.

My Chapter 13 attorney was awesome in court and brought conclusion necessary…
Ken

(Waterford, Michigan)

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)

Greetings Julie! This is to let you know about our experience with Acclaim Legal Services regarding our Chapter 13 Bankruptcy case. Chris made the journey easy because of his prompt replies to our emails and phone calls. He always kept us abreast of what was…
Samantha

(Ann Arbor, MI)

Thank you William Johnson and Cindy Millns for doing such a great job handling my bankruptcy case and allowing me to get my life back in order. Thank you for giving me a chance to regain confidence and succeed in life to the fullest.

I will tell anyone…
Jeremy

(Clio, Michigan)