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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.
- Oct 21, 2024 -
Attorney Michael Brown Author's Articles for American Bankruptcy Institute
- Jul 22, 2024 -
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 am a hard working and proud individual. So when I came to the realization that I might actually have to file bankruptcy, it really ran against everything my parents ever tried to instill in me. I have to say that I was embarrassed and a bit ashamed. However being a realist, I contacted your firm…
Working with my Attorney was a very comfortable experience. I was scared going into the Chapter 7 bankruptcy process and didn’t know what to do. She walked me through the whole thing step by step. I would recommend her to anyone. Not only was I going through…
From one very satisfied customer!
It has been very pleasant to have Chris Jones helping with the bankruptcy process. At first you think you know everything by reading few things here and there from various web sites. Then when you meet Chris in the first 30 minutes you realize that you really…
I would like to take a few minutes to say thanks to your entire staff. In the past 51/2 years I have come into contact with a lot of them! Chris and Cindy have been very patient with my questions, e-mails and phone calls.
Acclaim Legal Services has given…