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Did You Face Foreclosure in 2009 or 2010?

If you faced a foreclosure in 2009 or 2010, you may be eligible for a free review of the foreclosure.  And if mistakes are found, you could be owed money.  Check out the following link to see if you are eligible for a review.  There’s an informative 4-minute video from the U.S. Government with all the details.

 http://www.utsandiego.com/news/2012/jun/13/did-you-face-foreclosure-09-or-10-you-may-be-due-m/ 

This all stems from the robo-signer fiasco that rocked the foreclosure world during that time.  Sadly, only 4% of those eligible for review have sought review.  But you have until July 31, 2012 to request the review.  It is unclear how much a borrower stands to collect.  But if errors and problems are found, you may be compensated.  Who cares how long the review process will take, if you wind up with any money in your pocket as a result, I would say it was worth it.

 

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Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.