The Courts Side with a Homeowner, Whom Reaching U Network Assisted, and Wins Back Her House

Miami, FL (PRWEB) July 01, 2011

On June 15, 2011 foreclosure defense attorney Pomarantz obtained a case dismissed, right after four years of litigation, against one of the biggest mortgage lenders in the United States winning back the property of struggling homeowner Neyma Soltura.

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According to case documents a handful of years ago Neyma Soltura was suffering from several hardships when she became ill with dementia whilst her husband was hospitalized waiting for a kidney transplant. Following two years of paying health-related bills for his hospitalization and with only social safety coming in as income, Neyma Soltura could no longer afford her monthly mortgage payment which had just been raised from $ 1,200 a month to $ 1,700 a month.

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According to case documents when she called her lender to inquire about a loan modification, she was advised that she would qualify for T.A.R.P funds (Trouble Assets Relief Plan) which would help alleviate her financial distress. When she followed up with the bank a handful of months later she was told every little thing was fine and that the government funds had been on their way to support with her mortgage default.

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According to case documents, on July 3, 2008 she was served with papers notifying her that foreclosure proceedings have been moving forward. Surprised and confused by what had just happened Neyma Soltura contacted Reaching U Network, who advised her that she could seek legal representation to properly shield her rights. Reaching U Network connected her to a single of the attorneys in their network that work with property owners to supply affordable legal representation and set her up with the law offices of Mark Pomerantz in Florida.

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According to case documents Pomerantz took on the case and represented Neyma for four years disputing her case against Citibank and their attorneys. When the case went to trial Pomerantz was in a position to prove that Citibank had committed several violations in their mortgage documents and the courts dismissed the case.

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Neyma Soltura won her house back, as it is no longer in foreclosure, providing her the likelihood to invest time with her sick husband, although getting peace of thoughts that their home is now really hers.

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Reaching U Network&#13

1-866-514-Info

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Miami Dade Case&#13

2008-50548-CA-01&#13

Citibank VS Neyma Soltura

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More Loan Modification Press Releases

National Guardianship Network Names State Courts for Guardianship Improvement Awards

Washington, D.C. (PRWEB) June 11, 2013

The National Guardianship Network (NGN) is pleased to announce 4 awards of incentive grants and technical help to states to develop innovative, consensus-driven Working Interdisciplinary Networks of Guardianship Stakeholders (WINGS). By combining the efforts of all stakeholders into WINGS, states can much better enhance judicial processes, defend individual rights and meet requirements, address insufficient funding, and make sure guardian accountability and fiduciary requirements.

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The encounter of these initial WINGS groups will support NGN to develop a replication template for states interested in producing comparable networks to consider how adult guardianship is functioning in the state and what modifications could be made to increase the procedure, benefiting vulnerable adults affected as effectively as the state.

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Funding for the grants was generously provided by the State Justice Institute and the Albert and Elaine Borchard Foundation Center on Law and Aging.

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Following getting proposals from the highest court in a quantity of states, NGN chosen four applicants: &#13

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New York: The New York Court System, operating with the Vera Institute of Justice, will design and implement a broad-based New York WINGS group to assess demands and establish priority regions for action.&#13

Oregon: With leadership from the Oregon Judicial Department and the Oregon State Unit on Aging, Oregon WINGS will undertake a requirements assessment, develop quick- and extended-variety targets and objectives, and commence to initiate priority outreach, training, pilot applications and reform.&#13

Texas: The Texas Workplace of Court Administration will establish Texas WINGS and engage the group in strategic organizing to determine troubles, prioritize issues, and set targets, which will be presented to the Texas Judicial Council. &#13

Utah: The Utah WINGS will organize a statewide summit to discover, propose, and implement options to three endemic guardianship troubles. Primarily based on the encounter from this initial project, WINGS will draft a charge for ongoing operate as a standing committee of the Utah Judicial Council.

Two further states already have such consensus and problem-solving groups in spot. In Ohio, an interdisciplinary Subcommittee on Adult Guardianship has been established under the state Supreme Courts Advisory Committee on Kids, Families &amp the Courts. In Missouri, MO-WINGS grew out of a broadly inclusive job force convened by the Missouri Developmental Disabilities Council.

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The creation and sustainability of state WINGS groups was a important recommendation of the 2011 Third National Guardianship Summit convened by NGN at the S.J. Quinney College of Law of the University of Utah. For Summit Standards and Recommendations, as nicely as 10 background papers, see the Utah Law Review, Vol. 2012, No. 3.

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For further information on state WINGS, speak to NGN Chair Mary Joy Quinn [maryjoyquinn(at)gmail(dot)com], or ABA Commission on Law and Aging Assistant Director Erica Wood [Erica.wood(at)americanbar(dot)org].

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About NGN&#13

The National Guardianship Network, established in 2002, consists of 10 national organizations dedicated to effective adult guardianship law and practice, which includes AARP, the American Bar Association Commission on Law and Aging, the ABA Section of Genuine Home, Trust and Estate Law, the Alzheimers Association, the American College of Trust and Estate Counsel, the Center for Guardianship Certification, the National Academy of Elder Law Attorneys, the National Center for State Courts, the National College of Probate Judges, and the National Guardianship Association.

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Thomas Reeh Responds to Frequent Concerns Over Bankruptcy Courts

Melbourne, Australia (PRWEB) February 18, 2013

It goes without saying that bankruptcy is some thing that no one ever plans for or wishes certainly, bankruptcy can have a quantity of negative and far-reaching effects, not the least of which is the difficulty that those filing for bankruptcy can have in creating their mortgage payments. In a recent Fox Business report, a single person asks for guidance, and wonders no matter whether a bankruptcy court may well offer some help with making these residence loan payments. The report, and the guidance contained within it, have earned a comment from Thomas Reeh.

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Thomas Reeh is a monetary services veteran, and has worked in Australias financial preparing sector for more than two decades. Reeh is specifically zealous about supplying shoppers with merchandise that will safeguard their mortgages and their long-term monetary interests. He has weighed in on the Fox post with a new statement to the press.

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This is a genuinely tough set of situations, gives Thomas Reeh in his press statement, noting the sobering problems brought up in the Fox Business post. He goes on to observe the steep odds that customers face when they seek assistance from bankruptcy courts or from home lenders. It would be virtually not possible for a lender to lessen the principal of a loan, he affirms. Carrying out so would imply incurring a create-off on their balance sheet, and this is unpalatable from a shareholder viewpoint.

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There are additional problems that muddy the waters, Thomas Reeh continues. There is also the added complexity of setting a precedent that other folks could stick to, and losses for the lender would speedily mount, he notes.

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Nonetheless, Thomas Reeh advises homeowners in dire financial conditions to be proactive in approaching their mortgage businesses, noting that honesty and transparency can often go a lengthy way. Eventually, my counsel is that the very best selection is to simply be truthful with your lender, the financial services veteran says. We know from encounter that lenders are fearful of adverse publicity, and repossessing your house when your husband is disabled is the sort of thing that could make national news. In other words, Reeh says, lenders may be willing to work toward a compromise or an installation payment strategy, if it implies they can steer clear of nasty or drawn-out legal battles.

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The Fox Organization write-up offers related guidance. The report notes that, in most circumstances, the best issue a homeowner can do is to continue applying for loan modifications, and to hope that the sheer plurality of home owners facing challenging monetary circumstances will make lenders more benevolent.

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Thomas Reeh is a monetary services leader whose zeal is to safeguard the long-term financial safety of customers all through Australia.

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ABOUT:

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Thomas Reeh is a financial solutions professional with far more than 21 years of encounter. He at the moment performs in a managerial part, overseeing the practices of some 300 financial planners across the Melbourne and Tasmania places. He is also a staunch supporter of The Future2 Foundation, a non-profit group established by members of Australias monetary solutions profession. The Future2 Foundation seeks to make a difference in the lives of Australias underprivileged young people.

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