Me 2 ON: ------------------------------
“Ed, What are you going to do with this info?
Did you say you were working with Hoyer?”
Me 2 OFF ------------------------------
Dear Me 2:
And no I don’t work in any way with Hoyer except that they contacted me to see if I wanted to join their class action. I was impressed that they clearly know what they are doing but they declined to make me a lead plaintiff against Bear Stearns EMC. However they did say I may be “eligible” to become a member of their class action.
I have since determined and posted that there are a half dozen other class actions against BS/EMC. Many victims in here are looking for affordable solutions so I often suggest they consider a class action. But I also point out that personal litigation is much faster and you can also get all or part of your reasonable attorney and legal fees back if you prevail. The personal litigation route will cost you an estimated $5-8,000 or more and take an estimated 18-24 months. But there is also the remote possibility of a top *secret* settlement from Bear Stearns if you sue EMC individually and you have an iron clad case.
On the other hand the class action route requires no money that I know of, takes an estimated 36-60 months, and may deliver only a portion of what you feel you are owed.
Since I currently only know of one class action source (James Hoyer) and have heard from a reliable source that there are a half dozen more class actions being put together against Bear Stearns’s EMC, does anyone know of any other EMC class action firm names? It is not a priority with me as I am strongly considering other methods of recovering the $7-8,000 Town & Country, AMC and Bear Stearns EMC owe me and my wife after only 2 ½ years of flip-flops ,fraud and blatant outright lies by Greg Fedler of Bear Stearns. Another consideration is that my case is strong enough and well organized and consequently substantial punitive damages are possible.
Additionally I would prefer that Bear Stearns impending downfall be high profile in nature to at least discourage other mortgage criminals like Citi Residential and James Brantley.
1804 Cross Bend, Plano Texas 75023