Augusta Homeowners Will Likely See Part Of The $50M Settlement Between Chase and the U.S. Trustee Program

AUGUSTA HOMEOWNERS IN BANKRUPTCY MAY

BENEFIT FROM THE $50M SETTLEMENT WITH CHASE

            Augusta homeowners who are or were in bankruptcy may benefit from the $50 million dollar settlement entered into between JPMorgan Chase (Chase) and the Department of Justice’s U.S. Trustee Program.  In March, Chase has acknowledged it filed more than 50,000 notices in the United States Bankruptcy Courts without reviewing these for accuracy. 

            The U.S. Trustee Program has warned other creditors that it will continue to ensure the bankruptcy laws are followed for the protection of individuals seeking protection from the courts.  The U.S. Trustee Program is charged with overseeing case administration and enforcing the bankruptcy laws and protecting the integrity of the bankruptcy system.

            Since Chase is a major player in the mortgage industry, it is highly likely that it filed numerous notices in the bankruptcy court located in Augusta, Georgia.  Homeowners living in Richmond, Columbia, McDuffie, Lincoln, Wilkes, Glascock, Taliaferro, Burke, Warren and Jefferson counties may be entitled to a portion of the $50 million dollar settlement if such “robo” signed documents were filed in their cases. 

            Homeowners that are in an active bankruptcy case should contact their bankruptcy attorney to determine if they may be entitled to compensation.  If you were in a prior bankruptcy and your mortgage was with JPMorgan Chase (Chase), feel free to contact our staff at the Law Office of Seymour and Associates at 706-868-1968 regarding the settlement.

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