In response to the previously posted article by Pam Martens, "Wall Street Titans Use Aliases to Foreclose on Families While Partnering With a Federal Agency," Tim Naegele sent me a USA Today article how it’s been difficult for the poor to obtain legal assistance when faced with foreclosure. – Ilene
"Please read this too: Lawyers scarce for poor facing foreclosure.
"There is little or no help for people facing foreclosures, or for renters facing evictions. Most lawyers only represent the people trying to buy the houses, or the landlords. It is one of the developing tragedies in our society, as the "Great Depression II" bears down on people. Yes, it is not the "dust bowl" of the 1930s, but it will be just as bad in its own way.
"Truly an human tragedy of epic proportions."
Lawyers scarce for poor facing foreclosure
Legal offices providing help to the poor are turning away many who have been hit hard by the economy, according to lawyers in cities across the country who were interviewed by USA TODAY… continue here.
Also by Timothy Naegele:
1. Euphoria or the Obama Depression? (McClatchy)
2. Viewpoint: Greenspan’s Fingerprints All Over Enduring Mess (American Banker)