Federally Registerd Non Profit Law Clinic

Santa Ana, CA (PRWEB) December 1, 2010

As the housing crisis deepens, true relief for homeowners is scarce. A Non Profit Law Clinic with supporters and volunteers that range from law students, 38 year multi state licensed Mortgage and Real Estate Contract Litigators, Real Estate/Mortgage Professionals to large Investment Firms has launched a breakthrough approach, effectively allowing for a substantial “principal reduction” – something unheard of in the Financial Industry until now, by allowing individual homeowners to participate in a very common banking practice.

Consumer Protection Assistance Coalition (CPAC), an established Non Profit Organization with Federal Government recognition as a 501 c3 Tax deductable organization with a current presence in Washington DC, Arizona, California, Colorado and New York is taking a very unique but effective approach to help all families especially those with children and the elderly facing homelessness due to wrongful or illegal Bank Practices including wrongful foreclosure. One of CPAC’s Directors, James Curtis Esq, a practicing Attorney for almost 25 years and 10 year veteran as lead criminal prosecutor in the Assistant District Attorneys Office has attracted many supporters and alliances for their cause.

“In our struggles to help families that the lenders have seemed to “toss aside” out of greed and in most cases very questionable if not illegal actions perpetrated by the same lenders our Tax (TARP) Payer Billions went to, we have seemed to have attracted some very innovative supporters that now allow us to offer a true “Restructured Mortgage” program by using the same system those same lenders have been using for decades, buying and selling Mortgage Notes back and forth to each other, only they never allowed the homeowner to benefit from, until now, we call it Consumer Home Affordable Restructured Mortgage program or just CHARM for short. ” states Mr. Curtis.

Mr. Curtis continues “In today’s Banking environment, Note Holders of Home Mortgages are trading, buying and selling both Non Performing as well as Performing Mortgage Notes like a Monopoly game, only with real people’s lives that they don’t seem to care about. Our approach is very simple, yet very effective. We help the consumer with every aspect and level of aggressiveness in approaching their lender to allow a long term sustainable alternative to foreclosure. We use many different approaches, some very subtle and non threatening to very aggressive methods including but not limited to State and or Federal Law suits filed against the Lender and the actual Note Holder for very commonly found errors, mistakes, violations or misrepresentations in the loan itself that may make that loan legally unenforceable let alone un-foreclosable”.

According to Mr. Curtis statement, “Every one knows the lenders have no intention in voluntarily helping the homeowner, not if it causes the lender any type of loss. That’s why the current failure rate on voluntary lender loan modifications has been reported higher than 99%. I read some where that out of 650k families that finally received a Trail Plan, with a promise to get permanently modified, only 2000 families received a permanent loan modification. Most of those re-defaulted and were only short term rate reductions that will place the home owner back in the same or worse spot in the near future”. Mr Curtis continues “Unfortunately the homeowners now have very few real alternatives other than what their lenders want them to do, either selling their home, being forced to accept a meaningless temporary interest rate reduction, experiencing foreclosure or finding a more aggressive offensive approach based on the lenders short comings, that’s where we come in. Unlike other than Non Profit entities paid by, sponsored by or supported by the banks them selves, like wolves in sheep’s clothing guarding the hen house. We work against the bank and only for the Consumer using Consumer Protective Laws and the United States Court System”.

According to Mr. James Curtis Esq “CPAC offers all consumers many completely free, no fee services and products that many consumers benefit from every day, because we have a very high level of Banking Professionals with in our organization, we actually get a good percentage of our clients meaningful and sustainable restructured mortgages with out having to resort to more aggressive methods, and that’s our goal 100% of the time. But in the event that the consumer wishes or is forced to by their lender, we put on our boxing gloves and kick them between the legs.”

Mr. Curtis continues “If that doesn’t get our consumer a settlement that they can truly afford, then we are prepared to go the full 12 rounds, but we slide a brick in each glove for leverage. Whack the Bank once upside the head then offer them a extra strength Tylenol and a pillow. We have attracted a few very interesting supporters that are investment firms, one is publically traded and others have pledged up to $ 78 million in revolving credit lines and are prepared to buy the Non performing Mortgage Notes or in some cases buy the homes from the foreclosing bank and resell the same home back to the homeowner, homeowners and their relatives for close to today’s market value”.

“One firm has agreed to do the same and actually lease back the home to the homeowner that was getting foreclosed on and give that homeowner a Purchase Option Agreement that will give the homeowner the chance to address any financial as well as credit issues. We are actually actively making great advances in aligning ourselves with a Private Banking institution that will actually give a new loan to the homeowner while they are in foreclosure, no other Non Profit or For Profit Organization that I know of can say that”. He continues, “ Our Coalition has many successful cases that resulted in the homeowner that was getting foreclosed on not getting any voluntarily help from their lender either bought their same house back for market value thru our investment partners or are still living in the same home paying a much lower monthly payment, in some cases less a third of what their prior payment was with the first right of refusal to purchase back their home for close to today’s market value, in a specific case that meant $ 250k less, half of that was previously owed on the same property to the foreclosing lender with a faulty mortgage loan contract”.

CPAC offers any consumer free consultation, free lender fraud and violation analysis, free permanent principal reduction program pre-qualification, free loan modification package that is lender specific with web based paperless document upload, storage and immediate recall delivery with password protected access for the homeowner or any one the homeowner wishes to have viewing access to what is now always getting lost by lenders. CPAC also offers free Home Affordable Modification Program (CHAMP) long term result review and free explanation of consumer protective laws, services and products that are available to educate and prepare every consumer to make the decision that’s right for them. Some thing your lender and your lenders paid affiliates, including most Non Profit company’s wont do. CPAC will even offer consumers a free explanation of non legal alternatives that will only help the consumer not the lender then refer or introduce the pre-qualified consumer to a vetted experienced professional to properly execute that alternative. Why do they do all this for free, well they do it hoping that their free services, advice and products do the trick, but in the event that a consumer needs a more aggressive approach CPAC wants the consumers to understand and be aware of other very reasonably priced consumer protective legal products and services CPAC’s Staff Attorneys or Of Council hopefully will assist with, including but not limited to Class Action Lender Law Suits seeking Quiet Title, that’s a paid off free and clear home due to lender Fraud, violations, misrepresentation and complete mishandling of official documents.

CPAC also seeks contributions, donations and pledges from both the public and private sector that will be used 100% to help post or pre foreclosure families with children or the elderly that are or maybe facing homelessness due to foreclosure. There is a lot of focus on foreclosure; there has been Billions of dollars in bail out funds given to Corporate America, Wall Street Criminals, Banking Institutions that didn’t really need Billion Dollar Bonuses. So far all the focus has been placed on post foreclosure assistance to the Banking Institutions. But no one has addressed the poor families suffering from the lenders greed, abuse and illegalities committed against America’s average John Doe, who has Grandpa or Grandma and 2 small innocent children living with them who can’t fight the Bankers alone, that’s why CPAC exists.

If you are or know a family in need of CPAC’s help, or you wish to make a donation, pledge or contribution to a very worthy cause before the end of the year, please visit CPAC’s web site http://www.CPACaid.org. Its time America re-focuses in the right direction. CPAC’s phone number is 866-773-7864

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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

More Tax Lease Press Releases

The two most common types of Commercial Truck Leasing programs are:-

Open-end truck leases: It provides full use of leased trucks, with a pay-out at the end of the lease. Closed-end truck leases: It offers you buy-out option.

There are many types of leasing services are adapted by service providers, out of which operating lease and financial lease are commonly in use. Many leasing companies offer tax exempt lease, for cities, counties, state agencies and school districts. There are few other types also like:-

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A full service lease is a great option for commercial truck leasing. A full service lease not only provides the trucks, but preventive maintenance, repairs, replacement trucks if necessary, display of company logos, and more.

If you’re leasing trucks for a seasonal or recreational business, you can go for a skip lease. A skip lease is an option that allows you to arrange time periods when payments will not be made.

Fleet leasing pertains to a leasing option that specifically addresses business leasing. If you need to lease a fleet of trucks for your business, fleet leasing will help you address your needs as well as save you money.

The best contacts and resources will definitely help you to reach to a desired company. Besides, there are many related sites are also available in search engines by which you can  get  more information about  various types of latest financial  requirements. You can find many leasing services also which are presented nationwide and such widely spread services can apparently ensure you more security and warranty both physically and economically for your vehicle.

Before enrolling yourself in to any Leasing program always take a view at the bottom line pricing so that financially you can plan yourself. Many types of financial and payment   plans are also available with respective terms and conditions and hence one should be careful to it. Truck leasing services must provide unlimited mileage, maintenance security and safety programs. Commercial truck leasing  even lets you get your drivers on the road, while putting the maintenance responsibilities in the hands of the owner, who also often offer safety programs, emergency roadside service and vehicle washing as part of their service packages.

Redding, Conn. (PRWEB) March 12, 2009

As the economy continues to sag, many retirees planning to move should be alert to new taxes that may impact their decision on where to retire. Most states are searching for new sources of revenue either through an increase in state and local sales taxes, taxes on wine and spirits, cigarettes, gasoline, licenses, lodging and more.    

Helping to sort all this out is a Web site – http://www.RetirementLiving.com – run by the Retirement Living Information Center. The company has just published online its 2009 “Taxes by State” guide that reports on taxes encountered in every state, including income taxes, exemptions for seniors, and how retirement income and property are taxed.

With tax season rapidly approaching many people who are planning their retirement are wondering how their retirement income will be taxed if they move and what additional taxes they may confront in their new location.

“In assessing prospective locations, retirees may discover that some states are not the tax havens they are reported to be,” said Tom Wetzel, president of the Retirement Living Information Center. “It is important to look beyond the state taxes and drill down to check local property, sales and income taxes. The presence or absence of a state income tax may not be the best criteria for selecting a retirement destination.”

Depending on where you choose to live your tax bill may affect your ability to enjoy the lifestyle you are seeking. Some states are more tax-friendly to retirees than others. Seven states do not tax individual income — Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Two other states – New Hampshire and Tennessee – impose income taxes only on dividends and interest (5 percent for New Hampshire and 6 percent for Tennessee for 2008).

Currently, 27 of the 41 states (and the District of Columbia) that have broad-based personal income taxes do not tax Social Security benefits. The remaining 14 states do tax Social Security to some extent — Minnesota, Nebraska, North Dakota, Rhode Island and Vermont tax Social Security income to the extent it is taxed by the federal government. Connecticut, Iowa, Kansas, Missouri, and Montana tax Social Security above an income floor. Iowa will gradually phase out its Social Security tax levy from 2008 through 2014.

With regard to pension income, some states exempt it all, others tax some or none. Those exempting pension income entirely are Pennsylvania and Mississippi.

Beginning with the 2008 tax year Kansas residents can exclude Social Security income from their taxes if their adjusted gross income (AGI) is less than $ 75,000. Missouri will phase out its Social Security tax levy by 2010. Colorado, New Mexico and Utah require that federally untaxed Social Security benefits be added back to federal AGI to calculate the base against which their broad age-determined income exclusions apply.

Some states, such as Ohio and Pennsylvania, have jurisdictions that impose local as well as state income taxes. Six states (California, Montana, Nebraska, New Mexico, North Dakota and Vermont) are particularly tough on retirees because they have a relatively high top tax bracket and fully tax most retirement income.

“It is important to note that states without income taxes have one less revenue-raising option. Therefore, they may be more inclined to turn to increases in sales or property tax to shore up their budgets,” Wetzel added.

Property taxes are important for everyone. Based on data from the 2005-2007 American Community Survey by the U.S. Census Bureau, property taxes paid by homeowners in certain New York and New Jersey counties were the highest in the country, while several Louisiana parishes paid the lowest. Of course, property taxes in any state are based on assessed value.

“Overall our Web site contains a wealth of information to help retirees make the difficult decision on where to live in retirement,” says Wetzel. “Site visitors should not overlook the section on Great Places to Retire , which contains in-depth reports on more than 200 retirement destinations,” he added.

About Retirement Living Information Center, Inc.

The Retirement Living Information Center, through its Web site, http://www.RetirementLiving.com, provides essential information to assist seniors in planning for their retirement years. The site guides them to information that will support their decision-making. It contains information on retirement communities, great college towns for retirement, a retirement destination decision guide, and news about lifestyle issues.

Contact

Tom Wetzel – 203-938-0417

Taxes by State section: http://www.RetirementLiving.com/RLtaxes.html.

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Attachments

©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

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