Mitchell J. Stein, Esq. Realizing Bank Of America’s Bad Attitude Toward Consumers

Who is responsible for adding more miseries in the life of homeowners who are facing foreclosure? Bank of America is contributing its major role in that case. There is lot of criticism over such kinds of illegal foreclosures in which clients are dragged into courts while making false contracts as base.

Mitchell J. Stein, Esq. Have Realized The Situation

Experts here at Mitchell J. Stein, Esq. of Mitchell J. Stein & Associates Admit that Bank of America is roughly playing with homeowners. This has concluded after receiving enormous complaints at the company and bad consumer response against services of Bank of America.

Banks Should Resolve The Crisis

Mitchell J. Stein, Esq. a 25 years old award winning litigator is of the view that banks should not become that much cruel toward homeowners and should show their commitment in resolving the issue in favor of consumers. It will caste a good impression at overall national picture.

Bank Of America Got Sued

In December 2010, Bank Of America got sued by Arizona and Nevada because of modification plans of homeloan. Main objective of this was to make homeowners safe from expected foreclosure. It is also considered a fact that banks are using wrong statements and documents for such kind of foreclosures.

Attorney General of Arizona have stated that Bank of America have paid less attention toward facilitating consumers and instead of modifying loans they move toward foreclosure. This lawsuit has asked bank to pay against each violation of agreement an amount of $ 25,000 while $10,000 in addition for violating state’s consumer-fraud law.