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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Related Loan Modification Services Press Releases

Quick Sale Specialist, Ivan Caudle, Announces that the Time is Correct for Short Sales as the Debt Forgiveness Law Survives


Reno, NV (PRWEB) February 14, 2013

Thanks to the survival of the Debt Forgiveness Law, short sale opportunities are shining and sparkling brighter than the lights of the worlds biggest little city. Reno location brief sale skilled, Ivan Caudle, is offering free of charge consultations to help property owners in figuring out if a quick sale is the very best choice for them. His website now functions a brief sale selection maker calculator. This technology will take the information for any property, including a homeowners loan info and then automatically calculates the length of time and the quantity of cash necessary prior to a borrower is no longer in a unfavorable equity position. These calculations are shown primarily based on several rates of appreciation in order to give property owners as much information as attainable.

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Specializing in Reno brief sales, Caudle is an experienced agent in helping home owners eliminate debt without having bankruptcy and keep away from foreclosure. In these economically trying occasions, possessing Reno, Nevadas short sale expert offer to let clients pick his brain for free of charge is a present the public shouldnt pass up! Ivan encourages homeowners to call for a no obligation consultation. He states, Ask me as several questions as you have! I will guide you to see if you qualify for a brief sale or if another choice is very best for you. Ivans whole team is excited to use their expertise to aid alleviate the stress of todays property owners. My staff and I have aligned ourselves with a prime group of specialists to ensure homeowners get help in every way possible to keep away from foreclosure, states Caudle. &#13

For much more information on how Ivan Caudle and his team are utilizing this debt forgiveness window, visit http://www.RenoSparksShortSaleAgent.com.

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About Ivan Caudle:&#13

Ivan Caudle is Renos best brief sale specialist. He is a Short Sale and Distressed House Expert (CDPE) and a Quick Sale Foreclosure Resource (SFR). He also specializes in loan modifications and the foreclosure process. Ivan has an impressive track record for acquiring clients Release of Liability approvals. He and his group are dedicated to assisting property owners find the relief they need. For more data, visit http://www.ivan4shortsales.com or http://www.renosparksshortsaleagent.com.

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