General Discussion
In reply to the discussion: Foreclosure victims begin receiving pitiful checks yesterday...guess what? insufficient funds [View all]sabrina 1
(62,325 posts)information when this all started and my friend thanks you. It has taken a while to begin to file the lawsuit, mainly looking for an attorney who has knowledge of all of this and also she has moved and wanted to be in her new home before getting into it. I saw on the attorney's website, the one I think we have found who appears not only to be very informed about these issues, but very passionate about them, on his website it said the statute on suits like this is six years.
I totally agree with you that banks live in fear of juries right now, which is why we wanted a trial attorney, one who is not afraid to go all the way to court and who has a reputation already of being more than willing to take a case to a jury.
Thanks for the information regarding the offer she received, It did seem clear that she would not be jeopardizing her case by accepting it but with these banks, you never know. I think her case is a good one. So they do they apparently. If they wanted to avoid law suits though, these puny offers were not the way to go. Although just from this thread I can see that some people are accepting the offers and probably do not want to or cannot go through a lawsuit.
I am sorry your case has been delayed so long but as you say, there are probably more and more of them every day. I am happy you got this far and with positive results. This week we are going to try to set up a consultation with the lawyer and hopefully he won't be too expensive.
As someone above said, the government is not going to help homeowners, they are clearly on the side of the banks, so it's up to the people themselves not to allow them to get away with what they did.
I was thinking about the woman who bought my friend's home from the bank. She may have a problem in the future when she tries to sell the house as it is almost certain the transfers, which included two Mers transfers over the years, were not legal.
Thanks for the info on the cost of the quiet title. Hopefully the attorney will handle that.
Let me know if anything happens on your case and as soon as my friend gets hers going I will let you know.
I believe this settlement provided some money for legal assistance also, but I'm not sure about that. I hope so.
I'm happy too that your niece was able to get her situation taken care of. I'm sure she has a newfound respect for her 'auntie' right now.
Occupy the courts, yes, that's we are going to do!