Recently some of the largest banks in America have plead guilty for wrongfully foreclosing on Military Members during the housing crisis. Banks and financial institutions reportedly used faulty documents while evicting military members. In many of these cases, the banks wrongfully foreclosed on these military members while they were on active duty. There are some reports that these wrongful foreclosure cases can be in the thousands. The financial institutions that have reportedly wrongfully foreclosed in military members include:
- Bank of America
- JPMorgan Chase
- Wells Fargo
These wrongful foreclose of members of the military are in violation of the Service Members Civil Relief Act. According to the United States Department of Justice:
“The Service members Civil Relief Act (SCRA), formerly known as the Soldiers’ and Sailors’ Civil Relief Act (SSCRA), is a federal law that provides protections for military members as they enter active duty. It covers issues such as rental agreements, security deposits, prepaid rent, eviction, installment contracts, credit card interest rates, mortgage interest rates, mortgage foreclosure, civil judicial proceedings, automobile leases, life insurance, health insurance and income tax payments.”
In fact, The Service members Civil Relief Act does not allow ANY active military member to have his or her homes foreclosed on without an explicit court order. Military members may be entitled to compensation based on violations of the Service Members Civil Relief Act. If you were an active member of the military and your home was foreclosed on contact our Mortgage fraud lawyers at 855-435-5839 immediately to learn your options for a Mortgage fraud lawsuit.
Brent Coon and Associates prides itself a public policy firm and are active advocates for members of the military. The law firm recently raised over $15,000 dollars for the Lone Survivor Foundation, which helps our military veterans cope with emotional and physical trauma sustained while in the service.
Helping the military is a cause which is close to BCA founder Brent Coon’s heart. Brent Coon was born in Hanford Army Base in Washington as his dad was in the Army. Mr. Coon has family members that have recently been engaged in military action in the Middle East
If you were an actively military member and your home was foreclosed on, we want to help. Contact us today for a Free Wrongful Fore closer Case Evaluation. Brent Coon and Associates works on a contingency basis, which means there are no up front costs to you when pursuing a mortgage fraud lawsuit. Contact our Mortgage Fraud attorneys at 855-435-5839 today to learn your legal options and protect your legal rights.