Tag Archives: Regain

Bankruptcy Law Firm opens New Dallas Location to Aid Neighborhood Residents Remove Debt, Regain Monetary Stability

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Dallas, TX (PRWEB) July 19, 2011

The Lee Law Firm (http://www.Leebankruptcy.com), opened a new location in the Lee Park Center at 3333 Lee Parkway, Suite 600, in Dallas. The firm is focused on assisting financially-strapped residents of the Dallas-Fort Worth metroplex, and surrounding regions, obtain a debt-totally free life.

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Christopher Lee, owner of the firm, understands financial hardships. He grew up in a blue collar family members on a farm in rural Indiana. His childhood experiences led him to becoming a lawyer so he could support these struggling with debt and financial hardships. This bankruptcy practice has provided me the chance to directly impact the lives of several men and women, says Lee.

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As a previous partner of 1 of the largest bankruptcy firms in Texas, Allmand &amp Lee, he has effectively handled thousands of Chapter 7 and Chapter 13 Dallas bankruptcy circumstances. Christopher says he started his own practice to give a big firm expertise and professionalism with the flexibility and affordability of a small firm. Christophers firm has completed specifically that for Tarrant county residents and he now wants to give all residents of Dallas-Fort Worth that same, personalized and compassionate service.

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In such uncertain financial instances, the Lee Law Firm aims to offer a sense of stability and certainty to their customers. They realize people drowning in debt need comfort, not just legal representation. A lot of folks hesitate to seek help because of the myths and misconceptions surrounding bankruptcy, Lee notes. Nonetheless, I and my attorneys are here to show them that, if handled appropriately and according to law, bankruptcy will give them an opportunity to rebuild their credit and provide a measurable relief from debt.

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The Lee Law Firm specializes in bankruptcy and mortgage loan modification function. The attorneys at the Lee Law Firm had been all selected based on their genuine interest in assisting consumers get rid of debt, cease foreclosure, lower monthly payments, avert repossession and wage garnishments.

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As one particular of a number of Dallas bankruptcy attorneys, Christopher has noticed the lack of solutions accessible to clients right after their case is completed. He decided to take control and offer his consumers a special service that supplies continued care following their bankruptcy case is closed. The Lee Law Firms Aftercare System is designed to supply solutions to assist their consumer rebuild their credit soon after their case is closed. Christopher notes, Rebuilding credit right after bankruptcy isnt just the clients dilemma, it is our difficulty too, and he intends to stand by his customers each and every step of the way.

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The overall sense you get operating with The Lee Law Firm is that you are a member of their personal loved ones. We concentrate on receiving to know our clientele and the nature of their problems, and then supply the ideal and most sound legal guidance attainable, he adds.

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A 2003 graduate of Texas Wesleyan University School of Law, Lee is a member of the National Association of Consumer Bankruptcy Attorneys, the Dallas County Bar Association, the Tarrant County Bar Association, and the American Bankruptcy Institute. He is also a longstanding member of the American Bar Association, as nicely as the Tarrant County Young Lawyer Association, the Dallas Association of Young Lawyers, and the American Consumer Bankruptcy College.

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FDIC: U.S. Banks Regain A Profit Margin That May possibly Lessen Tight Lending

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Minneapolis, MN (PRWEB) September 05, 2012

An August 31st press release from The Federal Deposit Insurance Corporation (FDIC) incorporated a report of the public list of institutions that it has scheduled for a Neighborhood Reinvestment Act (CRA) examination throughout the fourth quarter of 2012. To celebrate milestones, the banks have returned to showing a profit for the 1st time because 2005.

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For giant financial banking institutions, which includes the leading 3: Bank of America, Wells Fargo &amp Co, and JP MorganChase &amp Co., the new increases in profit margins may possibly turn the lending market about. Bank profit is extra money that could be rolled over into new home mortgage loans. According to the report, the schedule for banking institutions to be examined is set to be achieved throughout the window of October 1, 2012, by way of December 31, 2012.

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Jenna Thuening, owner of Home Location, sees it as a hopeful sign. “If banks have a profit margin, opening up the alter the tight hold on house mortgage lending could increase. There is reason to continue with smart spending as banks still have many home loans on their books that could be prone to default gains are delicate and could be reversed if the economy turns downward. Strong efforts on numerous fronts are working to help quit additional Twin Cities foreclosures.”

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The FDIC schedule for banks examination is posted by area to aid banks simply figure out their schedule time. Minnesota is rolled into the Kansas City or Central Region. The regions are designated as follows:

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1) Atlanta Region&#13

two) Chicago Region&#13

three) Dallas Region&#13

4) Kansas City Area&#13

5) New York Region&#13

6) San Francisco Region

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The FDIC report included the following key findings:

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10.9 percent of FDIC-insured banks that had net losses throughout the second quarter down from 15.7 percent a year earlier&#13

The quantity of problem institutions fell from 772 to 732 throughout the quarter&#13

The typical return on assets for the whole group of banks improved to .99 percent from .85 % a year ago.&#13

Banks’ total revenue increased a mere $ 1.three billion, which is a slim .8 percent up from the second quarter in 2011.

There has been some pressure on Bank of America right after the release of the current Mortgage Settlement Overview’s Initial Report. Bank of America Corp (BoA). was ordered by the National Mortgage Settlement to supply the biggest piece of the relief to the tune of $ eight.6 billion. As of June 30, they hadn’t completed any modifications of initial-lien mortgages or refinancings. Dan Frahm spokesman for Charlotte, N.C.-based Bank of America, has some thing to say about that. “We believe we will attain or exceed all plan targets [inside the initial yea]. We continue functioning to attain eligible borrowers with these programs to prevent foreclosure, support our customers save income and assistance the recovery of the housing market.”

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The National Association of Realtors