Bank of America to Resume Foreclosures

This week Monday, Bank of America made an announcement that it would resume foreclosures in the 23 states that currently require judicial approval.  Bank of America decided to move forward with foreclosures despite much controversy over how financial institutions have handled thousands upon thousands of eviction notices.

According to Bank of America, there was not a single example of a foreclosure proceeding that was brought about due to error.  Now, it is said that more banks will be encouraged to resume foreclosure processes that threaten the residences of over 2 million homeowners in the U.S.

The bank said that it had plans to begin filing new paperwork for 102,000 foreclosures by Monday, leaving many homeowners panic stricken.

Are you facing foreclosure in the city of San Antonio?  If so, you shouldcontact our law office today and set up a consultation with a San Antonio bankruptcy lawyer.  We can evaluate your case and suggest options which may help you remain in possession of your home.