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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,…
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In looking back, the best decision I made was to go with Acclaim – a bankruptcy only law firm. I was extremely stressed because of the financial situation I was in when I saw an advertisement for Acclaim. After my first visit I could finally feel hope.
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