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

# # #

©Copyright 1997-

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

More Tax Lease Press Releases

Tax settlements appear to be probably the most practical alternate option on the subject of tax debt relief. This kind of solution is a superb method to take care of your tax debt simply by having to pay a percentage of the balance due. Considering that this can be a case to case basis, the actual resolved sum can vary.

If you would like deal with the IRS for an achievable settlement, you need to put together the particular required written documents along with other records which could help you in the negotiation course of action. Should you be unable to report your taxation statements, the IRS will go after you and will call for you to definitely reconcile your back taxes. This is simply not the moment to panic or have an anxiety attack.

You have to take into account that as soon as the IRS transmits away notices frequently, you need to without a doubt provide your full focus. If you would like seek out tax debt relief, you are going to go through lawsuit, and it will be out of the question to do this on your own. An IRS tax attorney who is amply trained with tax laws and regulations will help you in getting away from this particular wreck.

]]>

The majority of the legitimate debt settlement may prevent you from getting jailed. However, felony cases are nevertheless feasible and also this can lead to a very extensive period of imprisonment with respect to the quantity of unfilled taxation statements. Some others bring about the error of choosing the option for bankruptcy. Most certainly, should you really believe that the one you have is really an impossible situation, you may as well get it done but simply remember that personal bankruptcy can damage your credit rating for quite some time.

For every single issue, often there is an answer. If you understand how to research your options, as well as you have investigated concerning the numerous options provided for tax debt relief, you will find an appropriate answer. Not to mention, some help from the experts could make substantial modifications in your lifetime.

Should you be indebted to the IRS, you don’t have to run away or even come to feel nervous regarding it. The bureau is prepared to provide debt relief to competent people. Should you be unable to file your tax returns as a result of monetary restriction, let the IRS find out about it to be able to figure out the very best answer. With sufficient evidence as well as records, you might be able to obtain a positive result.

It is definitely the responsibility of each and every person to pay for their taxes. Then again, the current economic downturn during the past years had tremendously damaged the capability of individuals to pay extra for their taxations on time; therefore bringing on built up tax debts. For anyone who is likewise within the exact identical predicament, it is time to contemplate about the most beneficial IRS tax debt relief package which will do the job.

Tax debt can definitely trigger a great deal of complications, however if you’re able to find the correct treatment, rather than walking away from your accountability, it will be easy to settle the money you owe. The debt relief can be viewed as a version of a designation; however you ought to know that it is quite difficult to obtain one. The Internal Revenue Service is not going to immediately allow your petition, unless of course you have presented enough substantiation relating to your monetary demand.

]]>

Regardless of whether you are dealing with home loan difficulties or even delinquent credit card payments, you can expect to genuinely discover it is tough to pay more for your taxes. These types of circumstances may be used whenever looking for respite from the IRS. To a few taxpayers, the bureau is unpitying with regards to acquiring installment payments, however, you see, the IRS is actually providing points to consider for individuals who do not disregard the bureau’s notices or contact.

The IRS has associates that you could seek advice from in the event you possess sustained tax debts. In the event that these associates will be able to evaluate your circumstances, and you are certainly in need of monetary aspect to consider, then the debt relief alternatives can be stretched. The most frequent answer is always to request the actual taxpayer to compensate the debts in arranged portions. The sum of money to be paid back can be established simply by splitting up the total amount due by several months to a year.

Considering that the tax debts had been separated more than a prolonged time period, the taxpayer will not much longer find it tough to generate the installments. The responsibility has become much scaled-down however the taxpayer ought to ensure that the debts are paid promptly.

Settle your differences with the associates of IRS with the aid of an IRS tax attorney to be able to supply the required data as well as paperwork in order to confirm your present financial predicament. After you have the substantiation, the IRS will certainly say yes to your petition for a tax debt relief solution.

Related Taxes Articles

Typically the income bureau is simply a telephone call at a distance. You need to deliver a presentation of your predicament effectively and supply the explanation or even logic behind why you had been unable to document the returns. Even so, this is simply not a good guarantee how the bureau will allow your petition.

Many men and women must pay back income bureaus and daily, the companies obtain demands for debt relief. For this reason, the Internal Revenue Service along with other income companies associated with other nations around the globe will often have strict methods that need to be adopted. Additionally you are required to be aware of that, even though you are given a debt relief; the bureau will probably constantly ask you for payments with interest and fines in anticipation of having resolved your current whole financial obligations.

]]>

Are you aware that the Internal Revenue Service could also hold back the tax credits associated with your own child as well as the particular GST credits when you disregard their particular initiatives to resolve the trouble? Apart from this stuff, the IRS may also collect through wage garnishment or bank account levy. Tax debts really should not be regarded without due consideration simply due to the fact that you are certain to encounter legal cases should you not allow to talk with the particular income bureau.

It would totally be an enormous blunder to never negotiate the money you owe with the Internal Revenue Service. Presently there is another false impression – nearly all taxpayers believe that when the bureau grants or loans them a tax debt relief alternative, their tax debts will end up being decreased. The simple truth is that you are going to nevertheless be paying out the total amount that you must pay back with extra fees on the interest as well as fees and penalties. The only real advantage that you could obtain is you can pay your tax debt in scaled-down portions for a specific time period which can be less difficult on the wallet.

Make application for a tax debt relief today. Talk to an IRS tax attorney or a specialist. Now is your opportunity to cope with the Internal Revenue Services.

Find More Taxes Articles

An IRS Offer in Compromise ( also known as an OIC ) is an excellent way to settle your IRS Tax Debt with the IRS for much LESS money than what you currently owe. This Settlement of IRS Taxes has been commonly known as “pennies on the dollar”.

An  IRS Offer in Compromise ( IRS Tax Settlement ) should be considered by all taxpayers who cannot pay the IRS in a lump sum. It is for those who do not have enough assets to sell or liquidate to satisfy their back Tax Debt. It is for those who will not have the future earnings to satisfy the amount of Tax due (IRS Penalties and Interest included).

At least one of three conditions must be met to qualify a taxpayer for consideration of an IRS Offer in Compromise (OIC) Tax Settlement:

Doubt as to Liability

Doubt as to Collectibility

Effective Tax Administration

An IRS Offer in Compromise (OIC) will have no effect upon a IRS Tax Lien. The IRS Tax Lien will remain in effect until the IRS Offer in Compromise is accepted by the IRS and the full amount of the Offer in Compromise (OIC) has been paid in full. Once the IRS decides that an IRS Offer in Compromise (OIC) is processable and that the IRS Offer in Compromise includes all the paperwork and forms properly filled out, the IRS must stop IRS Wage Garnishment / IRS Wage Levy / IRS Bank Levy actions under §6331.

]]>

If the Offer in Compromise is missing documents or forms, however, the IRS can (and they will ) return the paperwork to the debtor as un-processable, and the IRS can (and the will) then proceed with an IRS Wage Garnishment or IRS Levy of your wages/property.

All the more reason to have highly skilled Tax Attorneys represent you.

DO YOU WANT REALLY GREAT NEWS?

In the last published IRS statistics, the IRS reports that the average discount on an accepted Offer in Compromise was 88% (only 12 cents on the dollar was paid by Americans with an accepted Offer in Compromise (OIC), and that the average acceptance rate was 47.6%. Given the savings possibilities on accepted Offer in Compromise (OIC), the determined and diligent team of Tax Attorneys at DWK TAX GROUP specializes in the Offer in Compromise program and works very hard to see if our clients qualify for an Offer in Compromise (OIC).

It is important to emphasize, for example, the fact that the Congress told the IRS to have a liberal acceptance policy in processing IRS Offer in Compromise cases. Our legal memorandum also cites the Congressional tax policy to settle your IRS Tax liability to give taxpayers a fresh start.

What are you waiting for? Stop “thinking about it”. Be Pro-Active. Save yourself from the stress.

We will not accept any Tax Case if we cannot save you money.

You must be eligible and qualified.

DWK TAX FEE FOR AN IRS OFFER in COMPROMISE:  ,600.00.

Senior Discounts Available. AARP Discounts Available.

Affordable Payment Plans Available to You.

To find out more, (CALL 1-866-226-6102)

Visit the DWK Website at: http://www.dwktax.com

The IRS only allows around ten to fifteen percent of the offers that they get. You need to present that having to pay the entire financial debt will be negative to your financial situation. In addition to this, you have to offer to pay for just as much as the IRS could gather via pressured techniques.

In the event that you are looking at an offer in compromise it might be really worth your time and effort to employ an IRS tax attorney. They are able to review your situation as well as let you know the style the IRS will probably believe prior to deciding to squander your time and effort. It doesn’t mean that your IRS tax attorney is aware of every little thing; however they will surely give you a few experts’ advice. If you choose to proceed with an offer in compromise your expert can put together the actual records and inform you of which actions to consider.

]]>

Should you not be entitled to this kind of technique, it might be smart to think about having to pay with an installment contract. It will help you to repay the IRS back taxes due in month-to-month batches for a length of up to three years. This is actually the most typical with regard to pay out, however it demands the entire total be paid back plus interest that builds up from the unpaid amount owed.

You will be able to find an IRS tax relief by way of having to pay much less than your overall balance due in the event that an offer in compromise is effective. This can be a excellent choice if you’re qualified. But you won’t actually find out as soon as you utilize and find out what the IRS states.

So do not battle for IRS tax relief by yourself, seek advice from the experts who are prepared, willing as well as able to acquire the best offer feasible for your distinct predicament. Do not cave in, battle regardless of what and do not hesitate, you’re going to get through it and may get rid of your tax standing neat and clean.

More Taxes Articles

A lot of people suffer a loss of optimism should they be saddled with massive financial obligations. The issue gets worse in the event that taxpayers must pay back IRS for the reason that the bureau is not going to cease, unless of course you have resolved the money you owe. There are lots of alternatives on tax debt relief to suit your needs, however you have got to be even more cautious any time you choose the most effective selection for the reason that bureau may possibly apply it in opposition to you.

You can actually primarily make inquiries concerning the Partial Payment Installment Arrangement. This particular is comparable to the actual Installment Agreement however the distinction would be that the sum you must pay back is actually lowered. A repayment schedule will be created by the bureau however each and every 24 months, you will find yourself assessed by the bureau to find out if your monthly obligations might possibly be elevated.

The positive thing regarding this alternative is that you simply will pay your tax dues at a significantly scaled-down sum that you could find the money for every month. An additional method is the Currently Not Collectible. Should you be truly inside a horrible turmoil and in several ways not possible to pay for your tax debts, you’ll be able to settle just for this alternative.

]]>

If you possibly could be eligible, the bureau will get rid of its recovery endeavors as well as the wage garnishment. On the other hand, this does not imply that you’re no longer going to shell out for your tax debt. It will stay in the actual files of the IRS and the total sum you must pay back is going to be gathered within a decade.

The final alternative that a taxpayer will attempt to stay away from by any means is actually personal bankruptcy. The thing is, as soon as a person seeks bankruptcy relief; it certainly will have an effect on his credit history for a reasonable length of time. If you ever seek bankruptcy relief, it will likely be a lot tougher for you to obtain funding later on just like home loan or bank loan.

Each of these possibilities might work on you, however if possible, at all, make an effort to steer clear of the very last option. Your financial difficulties is only going to turn out to be even worse should you seek bankruptcy relief. It is possible to find other tax legitimate debt settlement that you could exercise with the IRS. Speak with a respected IRS tax attorney or tax executive in order that you will get sound advice.

More Taxes Articles

You’ve still got sufficient money to pay for added obligations for those who have credit cards. You can actually incorporate the use of your credit card to pay extra for back taxes. In view that credit card firms offer you reasonably priced transaction programs as well as low interest rate, you should use your credit card to pay for the back taxes. In fact, even the Internal Revenue Service welcomes credit cards.

An additional alternative is usually to obtain a personal loan at a neighborhood financial institution or bank. On the other hand, this particular option is determined by how much the tax debt is. Banking institutions in addition charge cheap interest and thus financing might be able to remove or even improve your condition. This can be a versatile answer which you may like to think about. Look for a financial institution locally and make an application for a personal loan right now.

]]>

You can always approach your friends and family at times like these. These folks will certainly fully grasp your present finances, and so they can assist you to with your difficulty. In case your family or friends loan serious cash, you definitely no longer need to bother about added up interest as well as fines. Just remember to pay them back as soon as you have adapted to your situation.

The IRS is actually mailing out notices along with other contact letters to overdue taxpayers. The key reason why many people experience legal cases along with other legitimacy troubles is for the reason that they disregard the IRS. Based on the PR release of the IRS, they will definitely be uncomplicated in relation to concerns on back taxes. But bear in mind, this particularly does not imply that the bureau is not going to gather these back taxes.

You’re obligated to cover the cost of the required taxes. With one of these various options, you might be able to choose the correct one for you. Do not disregard the money you owe with the IRS. This may be the frequent error of taxpayers. They frequently believe that through disregarding their back taxes, the bureau will overlook the balance due. This really is incorrect. Find out more about tax debt relief options from an IRS tax attorney or a tax specialist to generate the best choice.

More Taxes Articles

There are different methods applicable to different taxpayers. The most generic approach is the offer in compromise. Even though it is widely recognized, not all applicants are approved. The IRS has to evaluate the liability you present. To qualify for this settlement you have to present a few prerequisites to the bureau. If the IRS believes it is quite improbable for them to collect the amount you owe, they might consider you for approval. Another is when they believe that they have made an error in calculating the tax debt owed. And also, you will most likely qualify for a compromise if the bureau believes that in gathering the entire amount owed will result in financial damage to your household.

The IRS actually evaluates the asking payment they impose if it is indeed fair or reasonable based on the facts and documents you present. This is crucial to the rejection or approval of your case since this is where they will base their ruling. One purpose of having an IRS tax attorney by your side is that the paperwork you submit for the evaluation of your case can be assessed beforehand. This will ensure proper documentation and detailed records of your monetary activity before submission to the IRS. The IRS tax attorney will then represent you in settlement negotiations and in the event that there will be litigation involved. You will not have to run around going back and forth during these proceedings unless otherwise specified by the court of law. The burden of talking terms with the bureau will be shouldered by the IRS tax attorney, leaving you free to get on with your daily life and give you an opportunity to save up the amount to be paid toward the debt owed.

Find More Taxes Articles

The financial society drawback has impinged on huge numbers of people around the globe. Due to this, many of us individuals were left with pending tax debts which are irrepressible. You are able to reduce any risk of strain as well as tension by understanding a few of the excellent choices for tax debt relief.

The IRS or Internal Revenue Service is the bureau accountable for the gathering associated with taxations, both compensated as well as delinquent. Most of the people believe that the bureau is ruthless since it has the ability to place liens on your holdings, gather wage garnishments, or anything else. These techniques will often be utilized by the IRS if the taxpayer did not reply to the debt collection efforts intended by the bureau.

Once you are in arrears, the agency will be sending a person correspondence associated with connecting. The bureau will call to mind your unpaid tax debts, and that you ought to negotiate them on a guaranteed time period or deadline. In the event that following a number of efforts you continue to disregard the IRS, these techniques can be utilized.

When the IRS places a lien on your acreage, the bureau will certainly have a lawful state to these which enables it to capture them at any time. In the matter of a wage garnishment, the IRS will demand your employer to keep a percentage of your income. The total will after that be gathered by the IRS and is going to be taken off of your tax debts. Of these circumstances, the taxpayer is actually helpless, however knowing much more about tax debt relief; you could finish these types of difficulties.

Your tax difficulties could also turn out to be even worse due to the fees and penalties billed by the bureau for each calendar year you have not resolved your responsibilities. Find out more about the actual applications open to you to be able to remedy your tax debts. Look for a specialist or a 3rd party firm who can assist you in your challenges.

Getting in contact with professionals can stop the IRS from appropriating your assets or from obtaining a portion of your wages. Become knowledgeable and also never be blind to your privileges as a taxpayer. In case your good reasons are sensible, the bureau may allow your call for tax debt relief. You will find a number of options or applications that you could make an application for and all you need to do would be to complete the required documents along with an experienced professional.

Related Taxes Articles