Defunct Law Firm Sues Wells Fargo Over Foreclosure Work

Probably happening elsewhere as well.

Justice League

A New Jersey law firm that helped Wells Fargo Bank N.A. foreclose on thousands of homeowners has sued the lender, saying the bank’s delayed efforts to fix its robo-signing problems led the law firm to collapse.

Lawyers for the Zucker, Goldberg & Ackerman law firm, which laid off most of its 335 workers last year, are accusing Wells Fargo of taking several years to comply with a 2010 New Jersey Supreme Court order that called for lenders to show that they were properly submitting mortgage details before foreclosing on a property.

The order, which required banks to submit their internal foreclosure policies, paralyzed foreclosures throughout the state. The average time for the foreclosure process—from filing the lawsuit to a sheriff’s sale—grew from about 200 days to about 1,000 days, according to documents filed in U.S. Bankruptcy Court in Newark.

Read on.

View original post


One thought on “Defunct Law Firm Sues Wells Fargo Over Foreclosure Work

  1. Whatever man – I do not feel sorry for these guys. What? Waif? Didn’t they get a copy of the Well Fargo Foreclosure Handbook – where WF gave step by step instructions to the foreclosure mill about how to falsify and fabricatee documents to submit to court in order to take a home? Sorry but I am not sorry. A BK and foreclosure defense attorney Linda Tirelli in Upstate New York uncovered that embarrassing publication about five years ago. Don’t believe me? Google it.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s