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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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After five years we finished our chapter 13 plan on June 2. We finally got the discharge and can continue on our new life.

This experience has been very stressful and embarrassing. I am so grateful that Cindy Milln and Chris jones were assigned to us. Both have answered our questions either…
Jim & Pauline

(West Bloomfield, MI)

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…
Jerome

(Detroit, Michigan)

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.
Crystal

(Royal Oak, Michigan)

I have to take the time to say ,Thank You, to everyone involved in my case. Firstly to Francesca, whom I met day one. She is very good at what she does. Very courteous, kind and understanding. I had no idea what I was in for, she made sure I understood everything!…
Heather

(Sterling Heights, MI)