California Case Alleging Negligent Servicing by Ocwen Survives Initial Stages of Litigation.


Roseville, CA (PRWEB) July 10, 2012

UFAN Legal Group, Pc (UFAN) won an crucial victory recently in its suit against Ocwen Loan Serivicing, LLP (Ocwen). The lawsuit survived demurrer filed by Ocwen and the case is now expected to either settle or move forward to trial.

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UFAN filed its complaint against Ocwen on February 9, 2012 in Alameda County Superior Court (case quantity RG12616583) on behalf of borrowers whose loans are serviced by Ocwen. The case targets Ocwens alleged damaging servicing practices, which includes the banks improper handling of mortgage modifications. The case was amended on May 2, 2012.

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On June 28, 2012, the Honorable Robert B. Freedman in the case ruled that Plaintiffs servicing claim was sufficiently plead and that the claim will proceed to trial unless the parties very first settle. Ocwen was given 30 days from the judgment to answer the complaint.

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Primarily based on the indications of each parties that settlement negotiations were ongoing, the judge has allowed 120 days just before the subsequent case management conference to allow the parties to attempt to settle the claims out-of-court.

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UFAN continues to fight for the rights of distressed property owners who have been allegedly injured by poor company practices of banks, and who have been left without having help from other government sponsored programs.

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If you believe you could have been injured by your lender or loan servicer, UFAN offers complementary attorney consultations to assist distressed property owners in assessing attainable alternatives for relief like, but not restricted to, litigation and bankruptcy.

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Click here to get in touch with UFAN.

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ABOUT THE UNITED FORECLOSURE Lawyer NETWORK

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UFAN Legal Group, Computer dba United Foreclosure Attorney Network (UFAN) is a Roseville, California-based law firm delivering mortgage litigation and other debt related legal services. The devoted attorneys and staff at UFAN function tirelessly to seek justice and fight for the rights of its clients. For far more data call toll totally free 1-866-400-4242.

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This release may constitute lawyer advertisement. Kristin Crone, Esq. is the lawyer responsible for this advertisement. The info in this release and on the UFAN website (ufanlaw.com) is for general info purposes only. Nothing at all in this release or on the UFAN web site need to be taken as legal advice. Prior successes are no guarantee of future efficiency. Litigation is inherently uncertain and results in litigation are never ever assured.

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