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Stopping Foreclosure: When Banks Lie

Back To Foreclosure Defense Video Help Page

Back To Foreclosure Defense Video Help Page

Whether you are a homeowner or a foreclosure defense lawyer, if you are involved in stopping foreclosure on a home you need to realize something simple but discouraging: your bank may lie to you.

Sometimes, as in the situation described in the above video or addressed in other places on this site, those misrepresentations are not intentional. Banks are huge bureaucracies with thousands of employees and dozens of divisions, and in many cases the person you speak with genuinely does not know that they are giving you bad information.

But sometimes there is something darker going on, and that is what I want to talk about today.

Speak with an experienced Florida attorney at our firm today.
Call 855-Kramer-Now (855-572-6376)
.

Stopping Home Foreclosure: Big Banking’s Gift Card Scandal

There have been a number of lawsuits against big banks for bad mortgage practices and deceptive trade practices. Numerous former employees have testified not just that these banks engaged in fraudulent mortgage practices, but that there were actual plans in place where they were encouraged to push homeowners into default and then foreclose on those homes. How were they encouraged? Employees alleged that these banks offered gift cards and cash as bonuses to employees who were able to get the highest number of foreclosures.

Another report making the rounds is where Bank of America is alleged to have denied homeowners’ applications for loan modifications through the government-sponsored HAMP program, and steering them instead into more profitable in-house loan modifications.

Stopping Foreclosure Calls for Taking Measures to Protect Yourself

Bank of America has denied these allegations. So who is telling the truth? This is not the first time Bank of America and other banks have faced accusations of mishandling the foreclosure process or deceiving consumers.

That is why it is important to talk to a Florida foreclosure defense lawyer at the first hint of a problem with your mortgage and make sure you get everything in writing from the bank. At least that way, you have verifiable proof if they attempt to engage in deceptive practices with you and can use that evidence to make a strong case for stopping foreclosure on your home.

Get Help with Legal Issues Now! – Call 855-Kramer-Now (855-572-6376)
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The Orlando divorce lawyers at TK Law are deeply committed to the individuals and families they serve. We are here to help you resolve each legal concern so you can regain control and move forward with your life. You will also have a steadfast, accomplished advocate in your corner to fight for what matters most if a dispute goes to trial.

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Contact our offices today to schedule a confidential consultation with one or our family law attorneys, or call us at 855-572-6376.

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Roy P.
Mar. 2024
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Gastell and Kayla were awesome! They helped me make it through a very challenging time in my life with kindness and compassion. They were always available to answer my questions and kept me up to date. Their counsel was extremely helpful in aiding a resolution that I am very satisfied with.
Carmen D.
Mar. 2024
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I give this law firm a 5 star. Ray and Janelise helped us with our probate issue and made the process a lot easier for us to finalized all of it. We're very thankful to this law office and recommend them for any legal issues.Thank you Janelisse and Ray and the entire office .
Alysia T.
Jan. 2024
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I am thankful to Janelise and Kayla at TK Law for a fantastic job. Kayla guided me through every step of my divorce process. She is patient, professional, and honest. I highly recommend them!
Chris O.
Dec. 2023
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This was first experience hiring a law firm and I am very happy that I hired TK Law. My attorney Janelise and Paralegal Kayla were kind, knowledgeable and made the process easy. They were quick to respond when I needed revisions to my document and the final outcome was perfect. If I ever need legal help in the future, I will not hesitate to contact TK Law again.

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We offer payment plans, accept credit cards, are available for evening appointments and our main office is conveniently located right off of I-4, between 436 and 434. For immediate help call: 407-834-4847.

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The information found here is for general information purposes only. Nothing on this site should be taken as legal advice for any situation or individual case. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

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