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Settlement checks to be received by 15k Alabama homeowners

A total of $21.8 million will be awarded to Alabama residents as a result of a national foreclosure settlement, Attorney General Luther Strange said on June 6.

Around 15,000 eligible Alabama homeowners will receive settlement checks from the national settlement’s administrator between June 10 and June 17. Consumers receiving the settlement checks are those who had their mortgage serviced by any of the five bank servicers in the agreement, lost their homes to foreclosure between January 2008 and December 2011, and filed a valid claim.

As a result of the settlement, Strange said that six state organizations will also be awarded about $4 million total.

At Greenway Bankruptcy Law, LLC, our legal team is dedicated to helping people living in Birmingham avoid foreclosure when faced with financial tourbles. Call (205) 324-4000 to learn more about your legal options in such a situation.

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Greenway Bankruptcy Law, LLC
505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

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