“The bottom line for homeowners is that loan modifications don’t work and they need expert legal help to fight for their rights with banks and lenders" -- Mike Riley, Hartford Dunn LLP
Calabasas, CA (Vocus/PRWEB) February 18, 2011
Hartford Dunn, LLP has joined partnerships with leading attorneys and law firms throughout the nation to offer innovative mortgage litigation services to help homeowners fight foreclosures, it was announced today by Mike Riley, senior partner of Hartford Dunn, LLP.
Hartford Dunn, LLP has created an innovative, proprietary, turn-key system that allows attorneys to offer mortgage litigation as a readily accessible solution for their clients in a matter of hours. The Firm works directly with the most skilled and aggressive lawyers in the country to fight banks on behalf of consumers, provide comprehensive backend services required to support litigation and offer highly-responsive customer service.
“The bottom line for homeowners is that loan modifications don’t work and they need expert legal help to fight for their rights with banks and lenders. It is important to remember that when banks modify a mortgage, they must reduce the value of the mortgage asset on their balance sheet, which may trigger audits from regulators like the FDIC and may result in the bank becoming insolvent,” said Riley. “One of the main reasons for our superior partnerships and legal actions is that banks and lenders do whatever they can to benefit themselves at the expense of consumers and homeowners. Hartford Dunn was founded to address the most important issues of our time, the first of which is the banking crisis and protecting homeowners and consumer rights.”
Hartford Dunn LLP has established an exclusive relationship with Mitchell J. Stein, Esq. specifically pertaining to the current landmark case Paul Ronald et al v Bank of America et al (Los Angeles Superior Court Case No. BCV409444). Mitchell J. Stein, Esq. is a 25-year award-winning litigator, trial lawyer, and philanthropist dedicated to protecting consumers and victims' rights in reigning in abusive practices of banks, lenders and others.
Working with partners throughout the nation, Hartford Dunn is also planning to participate in more than 25 upcoming actions against banks.
“With Hartford Dunn, our partners and their clients know they are working with the only firm authorized to participate in the Ronald case and that they are not working with firms who are not authorized to participate in that case,” said Riley. “We believe the Ronald case represents one of the most important issues of our time, and that the banking crisis of the new millennium is the result in large part of banks accepting foreign investment unlawfully and using that money to ruin the American mortgage system.”
According to Riley, Hartford Dunn LLP partners represent the “cream of the crop” in litigation attorneys and law firms from around the country. “Our attorneys and partners have come together as the “best of the best” to help consumers and eliminate the confusion in the marketplace caused by non-legal firms that over promise, banks that mislead and others who misrepresent their ability to participate in the Ronald case, which is exclusive to Hartford Dunn,” he said. “Some of the our partners come from large cities and some from small towns, some have studied as Rhodes Scholars and others have played in jazz clubs, written books, served in the armed forces, built businesses and many have earned the highest recognitions and honors their profession can offer. All our partners possess both legal acumen and real-world experience.”
Among Harford Dunn LLP’s outstanding, industry-leading partner attorneys and firms are Brookstone Law, PC, and Lanza & Smith, PLC from California, Guldenschuh & Associates from Georgia, Jon D. Pels, Esq., Lawrence J. Anderson, Esq., Justin M. Reiner, Esq. and Jennifer Schiffer, Esq. from Maryland, Cuneo, Gilbert & LaDuca, LLP from Washington DC, Frydman, LLC and Susan Chana Lask from New York, Cohen & Malad, LLP Class Action Attorneys from Indiana, Law Offices of Christie Arkovich from Florida, Law Offices of Heather Boone McKeever from Kentucky, E. Craig Smay, Esq. & John Christian Barlow from Utah, Friscia & Associates from New Jersey and Lauren Paulson from Oregon.
Hartford Dunn LLP attorneys and partners will aggressively use the leverage of lawsuits to get results and fight for consumers. With mortgage litigation from Hartford Dunn LLP’s expert legal team, homeowners will have attorneys defending their rights in the court and banks will no longer have the power to make decisions as to what homeowners will get.
“We believe banks are vilified in today’s society and for good reason. If bank litigation goes to a jury trial, banks will be held accountable for the many bad mortgages they underwrote and the lack of responsiveness they have shown in providing financial relief to the homeowners who they victimized,” said Riley.
According to Riley, based on the behavior of the banks and the current economy, trial lawyers are currently where much of the American public is turning for help. Many legislators and experts believe litigation may be the only alternative and that it represents the best way to protect homeowners.
“The last two years have demonstrated that banks are dragging their feet hoping homeowners get frustrated with the process and give up,” said Riley. “The Government advanced more than $1 trillion in TARP money so that the banks would not drag their feet, but instead, the banks took the money and began buying land and not helping homeowners. The only thing that has kept their land grab from reaching epidemic proportions is the participation of trial lawyers like those working with us at Hartford Dunn LLP who are working hard to ensure the banks do the right thing by consumers.”
For homeowners, the benefits of mortgage litigation include the filing of a lawsuit that motivates action by their lender, the possibility of that lawsuit resulting in an affordable solution for the homeowner and real results that protect their homes, and the participation of aggressive and skilled attorneys representing them that takes power from the banks and gives responsibility for judgments to the courts.
“Because banks reserve the right to rescind modifications, even those homeowners who get them are at a total disadvantage, which is why it is so very important to get expert legal counsel to deal with the banks,” said Riley. “Banks no longer have a financial incentive to modify mortgages and would rather foreclose on a property and liquidate it at a time of their choosing instead of offering a modification. The bank’s lender will tell homeowners lies such as, “They are a scam!” and “You should demand your money back. We can do this for you for free” which makes the process even more frustrating for the homeowner because banks want them to give up.”
Hartford Dunn LLP focuses on providing high-quality customer service and a diverse portfolio of services for attorneys and law firms specifically designed to resolve their clients’ financial issues. Depending on the client’s preferences, Hartford Dunn LLP attorneys will attempt to settle for principal and rate reductions or present the client’s case to a jury and to get the mortgage free and clear.
“Many of the players currently in the litigation industry mislead homeowners where to get accurate information on cases and leads to people being scammed by companies that are not law firms and law firms that are not authorized to be a part of the Ronald case,” said Riley. “Our exclusive work with Mitchell J. Stein, Esq. on the landmark Ronald case is likely to change all of that forever.”
ABOUT HARTFORD DUNN LLP
Headquartered in Calabasas, CA, Hartford Dunn LLP provides a diverse portfolio of services for attorneys and law firms specifically designed to resolve their clients’ financial issues using a proprietary, innovative, turn-key system that allows attorneys to offer mortgage litigation as a readily accessible solution in a matter of hours. The Firm’s cutting-edge, advanced technology allows partner attorneys and law firms complete access to cases at the touch of a button. works directly with the most skilled and aggressive lawyers in the country to fight the banks on behalf of consumers, provide comprehensive backend services required to support litigation and offer highly-responsive customer service. Please check with us prior to working with any other person or firm claiming affiliation with the Ronald case because Hartford Dunn has established an exclusive relationship with Mitchell J. Stein, Esq. specifically pertaining to the case and is the only firm authorized to handle that litigation. For more information, please visit our website at http://www.hartforddunn.com.