Today I received my anticipated letter from the California State Attorney General. The first line states, “you are eligible to receive at least $840.00 as part of the settlement”. The letter goes on to state, “this is only intended as partial compensation for the illegal conduct of the mortgage services”. No shit, really Sherlock?
Three key things in regards to this letter:
1) I do NOT give up my right to sue the fraudsters banksters for this illegal conduct
2) I may participate in this settlement and ALSO PURSUE other legal remedies for my loss
3) The $840.00 is the “minimum” amount I will receive if EVERYONE fills out their claim form and participates in the claim process. Meaning if you all don’t fill yours out, I may get a few more pennies.
I love this answer under the Commonly Asked Questions – “What is the National Mortgage Settlement About” it states, plainly and clearly – Wells Fargo, Bank of America, Ally/GMAC, Citi, and JP Morgan Chase – routinely signed foreclosure documents outside the presence of the notary and without personal knowledge of the fact contained in the foreclosure documents”.
I am curious, if a homeowner receives this letter does this mean that they DID in fact commit these illegal acts and can you use the fact that you are eligible for compensation as proof that while you may not have the proof – you are entitled to discovery to get that proof?? (Hope that makes sense, and personally, I would make dang sure any local judge was aware that I received the letter and am entitled to compensation because Ms. Harris apparently is aware that they did commit these illegal acts in my foreclosure and now I get a little bit of money for it).
It is a simple one page application – one that I might add, I am completing and mailing. And highly recommend that if you get the letter – complete it, sign it and mail it! You do NOT need to pay anyone to help you with the clam. If you need assistance call the 800 number and they will walk you through it.
To Ms. Kamala Harris – THANK YOU.
Click here for the redacted versions of the documents – REDACTED CLAIM LETTER AND FORM
KEEP UP THE FIGHT!
LEGAL DISCLAIMER: I am not an attorney and this is not legal advice. These are musings about the goings on in the legal battles against banksters who steal peoples homes. This is intended for educational and informational purposes only. Take NO action on this information without consulting an attorney in your jurisdiction.