North Palm Beach, FL (PRWEB) May 16, 2013
With more than two million homeowners nationwide facing the possibility of foreclosure, a newly launched mortgage litigation firm aims to help these individuals fight back against unfair practices by banks and lending institutions.
The Hoffman Law Group, P.A., works with homeowners across the United States who may be struggling with their mortgage payments, dealing with an upcoming foreclosure or fighting against predatory lending. The firm aims to assist its clients by fighting on their behalf in Federal Court.
“Millions of people in the U.S. have fallen victim to unfair and predatory lending practices which coupled with the economic downturn and job losses make it difficult to pay their mortgages,” said Marc Hoffman, lead attorney for The Hoffman Law Group. “We are here to provide much-needed relief to these homeowners, while holding banks and lenders accountable for their actions. We can no longer sit idly by as more and more families suffer due to the irresponsibility of these large institutions.”
The Hoffman Law Group’s litigation team, which consists of experienced attorneys, is currently working diligently to hold several major US financial institutions accountable. Litigators are pursuing these institutions for breach of implied covenant, promissory estoppel and fraudulent concealment, as well as violations of state consumer protection laws, the federal Truth in Lending Act and the Real Estate Settlement Procedures Act.
Through its lawsuits, the firm’s legal team will demand mortgage loans that reflect positive equity, lower fixed interest rates, credit rating reinstatement, punitive damages and waivers on delinquent payments, interest and penalties.
“Across the country, organizations have stepped up to help people facing mortgage and foreclosure issues in a number of ways, but we are one of the few that are taking on the banks directly,” said Hoffman. “By leveraging our experience in this area of law, we aim to provide a second chance to as many individuals and families as possible.”
The Hoffman Law Group is based in North Palm Beach, Florida. To learn more about the firm, visit their website.