How the State Attorneys General React to RipOff Settlement Claims
HSBC has settled millions of mortgage-related lawsuits over the years and they are one of the most successful and efficient litigation funding organizations in the country. H&R Block is another great option for those who need lawsuit funding and they have settled millions of mortgage-related lawsuits. Mortgage lenders often settle for a very small amount, which is much less than they would be required to pay if a judgment was awarded against them.
As an alternative to taking out a lawsuit loan from a bank or other lending organization, homeowners can use mortgage lawsuit funding from H&R Block or one of the other excellent specialty litigation funding companies. Either way, foreclosure victims should take out a lawsuit loan in advance of their pending foreclosure lawsuit and obtain either a lawsuit loan from a lender who specializes in this area or a lawsuit funding company.
HSBC Lawsuit Settlement
Homeowners who need mortgage loan class action settlement funding should start their research by going online and searching for a legitimate lender with experience and a proven track record in resolving these types of cases. For this reason it is extremely important that the homeowner thoroughly reviews the websites of prospective lending organizations and does extensive research as to the history and reputation of the lending company.
The website should contain information on how many mortgage loan class action settlement cases the organization has settled, whether the cases were won and how much in settlement was received. The homeowner should also check with local consumer protection agencies for recommendations on any company that is deemed to be safe and reliable.
Another option that homeowners may want to explore is contacting the attorney general’s office and requesting information on a specific mortgage lender.
Attorneys general will be able to provide the names of licensed entities in their state that originate a good percentage of the complaints to the attorney general’s office as well as states where the attorney general has substantial malpractice cases. These malpractice cases often involve fraudulent or negligent home loans that have harmed or injured many families over the years. The attorney general’s offices will be able to provide information about these lenders along with contact information for them.
The last option available to homeowners is to contact the state attorneys general and ask for advice on contacting an individual attorney to pursue a lawsuit for RipOff Report damages on behalf of the homeowner.
This is a more complicated process but can be relatively easy if the homeowner has access to the correct resources. First, state attorneys general will be able to provide help and guidance on contacting a RipOff Report lawsuit funding company. Second, they will also be able to provide information on the status of RipOff Report lawsuits filed in the particular state, which will give the homeowner some idea of the success or lack of success of that particular company in that particular state.
Regardless of the route that a homeowner chooses to pursue, it is critical that the homeowner fully educates themselves about RipOff Report lawsuits and what constitutes a legitimate financial hardship before pursuing such a lawsuit.
For example, the RipOff Report does not contain a figure for total monetary damages, only the actual loss suffered by the borrower. A true total may well be much greater than the actual value of the property sold in the short sale. For this reason it is imperative that any potential short sale investor fully consult with state attorneys general regarding their rights to pursue a RipOff Report lawsuit on behalf of the borrower.
