There has been a long list of borrowers either foreclosed on or waiting to be foreclosed on by Bank of America. The country’s largest bank has been under fire in recent months for its unfair business practices and lack of good faith with relation to modifying toxic mortgages and administration of the government’s HAMP and HAFA programs. Additionally, Bank of America scooped up billions in Countrywide mortgages for pennies on the dollar and now it may be time to share the wealth.

The nation’s largest bank never froze foreclosures in 27 states including California and Nevada, and many of the banks customers in these states have been in line for a loan modification for well over a year now. Some making trial payments for a year while loan modifications are under endless review, only to find them denied and foreclosed on.

"Some of the nation's top trial lawyers have banned together and are secretly beating the banks. These are the lawyers who previously represented these very banks; the lawyers who -- for years -- have gone to Court and "ended the madness" for many clients; the lawyers who know their way around the courthouses better than anyone. Already, these lawyers have filed a mass joiner case in 2009 that remains pending against Bank of America (and Countrywide) and includes thousands of Californians. This case is now going national. These lawyers have invoked laws and procedures the banks were previously unaware of, and Bank of America is getting beat at their own game because of it. Two weeks ago, the Bank was forced to admit that it had been defrauding the government in foreclosing on mortgages nationwide. Furthermore, on October 4, 2010, the Honorable Manuel Real of the United States District Court called the Bank's primary argument "absurd" and kicked the Bank out of Federal Court. The case is now proceeding in the trial court, and the mass joiner of plaintiffs from around the Country is expanding. It may be that the Bank is unable to recover under any of their promissory notes, or that the Bank has made other errors that will cause other penalties to be levied against them. If you are a former or current Bank of America customer and feel that you might, or have information relating to similar issues with Bank of America (and Countrywide), or if you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact us today. http://www.800debtsettlement.com/

Author's Bio: 

At 800 Debt Settlement, we’ll consider your personal circumstances in relation to each solution and then develop a strategy that provides the most optimal results to you both now and in the future. After years of experience and hundreds of debt settlements, we understand that as many paths as there are toward the accumulation of debt, there are just as many to consider when trying to come to terms with and get out from under it.