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The Dann Law Firm | Marc Dann Law Firm

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COVID-19 Update 10–forbearance, evictions, collections, and more

Wells Fargo

July 20, 2020 By Marc Dann

A lot has happened since we issued our first COVID-19 on March 13. In our tenth update we’ll take a look at recent developments, discuss impending challenges and opportunities, issue a couple warnings, and dispense some sage advice… Involuntary Forbearance can threaten your financial future Let’s start with a cautionary tale about involuntary mortgage forbearance. As we’ve said repeatedly, while it can be a lifesaver for people who are facing financial disaster as a result of the pandemic, … [Read more...] about COVID-19 Update 10–forbearance, evictions, collections, and more

Filed Under: Bankruptcy, Consumer Fraud, Covid-19, Evcitions, Foreclosure, Founding Partner, In the News, Mortgage Fraud, The Con Tagged With: Consumer Fraud, Coronavirus, deceptive practices, Foreclosure Defense, Housing Market Crisis, Mortgage Fraud, Wells Fargo

April 17, 2020 By Marc Dann

I was mildly enthusiastic about the CARES Act immediately after it was passed because it appeared to be substantially different from the stimulus plan crafted by the federal government during the Great Recession of 2008. That package funneled trillions of dollars to the big banks and Wall Street speculators whose unfettered greed nearly destroyed the world’s financial system but did relatively little to help working and middle-class families devastated by the collapse of the housing market. … [Read more...] about COVID-19 Update 8: Thoughts on the CARES Act, Planning for life after the pandemic

Filed Under: Bankruptcy, Consumer Fraud, Covid-19, Foreclosure, Founding Partner, In the News, Payroll Protection Program, private student loans, student loan debt Tagged With: Bankruptcy, Consumer Fraud, Coronavirus, Marc Dann, private student loans, student loan debt, Wells Fargo

November 15, 2018 By Marc Dann

We have the honor of representing three people who lost their homes because they were unjustly denied a loan modification by Wells Fargo. One of those clients, Jose Aguilar, recently told his story to a reporter from American Banker, a financial industry trade journal: Jose Aguilar was shocked, but also angry, when he received a letter of apology earlier this fall from Wells Fargo. Aguilar and his family lost their home in Chittenango, N.Y., in 2015 after trying time and again to get … [Read more...] about DannLaw fighting for families who lost homes due to Wells Fargo computer “glitch”

Filed Under: Foreclosure, In the News, Mortgage Fraud Tagged With: Foreclosure Defense, Loan Modification, Mortgage Fraud, Wells Fargo

September 20, 2018 By Marc Dann

DannLaw attorneys suspect troubled bank has understated number of victims, urges Wells borrowers who received loan modifications between 2010 and 2015 to seek legal advice. Earlier this year Wells Fargo revealed in an SEC filing that a “software glitch” caused the bank to improperly deny mortgage loan modifications to 625 homeowners between 2010 and 2015. At the time, Wells said it had set aside eight million dollars to compensate borrowers impacted by the mistake, including the 400 families … [Read more...] about Wells Fargo offering loan mod scandal victims lowball settlements, mediation instead of fair compensation

Filed Under: Consumer Fraud, Foreclosure, In the News, Mortgage Fraud, RESPA Tagged With: Consumer Fraud, Foreclosure Defense, Loan Modification, Mortgage Fraud, Wells Fargo

December 7, 2017 By Marc Dann

Wells Fargo
Wells Fargo

Look up the word “scam” in the dictionary these days and you just might find the Wells Fargo logo. The giant lender, already accused of cheating homeowners in bankruptcy and creating fraudulent credit card and bank accounts for millions of unsuspecting customers, has now been caught charging people who took out car loans for insurance they didn’t need. According to media reports more than 800,000 people were charged for insurance they did not need. Charges for the insurance, which were often … [Read more...] about Hundreds of thousands snared by Wells Fargo auto loan scam, victims are entitled to monetary compensation

Filed Under: Consumer Fraud Tagged With: Auto Loan, Bankruptcy, Consumer Fraud, Credit Card Fraud, Mortgage, Wells Fargo

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DannLaw Cleveland OH

2728 Euclid Avenue Ste. 300
Cleveland, Ohio 44115
Phone: 216-373-053 or toll-free 877-475-8100

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875 N. High Street
Columbus, Ohio 43215
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2181 Victory Parkway, Suite 101
Cincinnati, Ohio 45206
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DannLaw is a Debt Relief Agency. We help people file for relief under the Bankruptcy Code.

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