Helpful Tips From Trejo Law Corporation.

Historically, if a loan was registered in the Mortgage Electronic Registration System (MERS), then the lender or servicer as the movant for the Motion for Relief (MFR) would bring the motion in the name of “Mortgage Electronic Registration System, Inc., as nominee for its assignees and/or successors in interest.” Homeowners and Borrowers have challenged Motions for Relief from the Automatic Stay on the basis that MERS is not the proper party to pursue a MFR based on lack of standing. This issue has not only sparked debate in bankruptcy courts but also in the foreclosure arena, in which attorneys across the country have questioned MERS’s capability of serving as a foreclosure beneficiary.

MERS recently released Policy Bulletin-Number 2011-5 which reiterates that no Proof of Claim or Motion for Relief from Stay in a bankruptcy may be filed, in the name of MERS. The Bulletin further indicates that the assignment of the Security Instrument from MERS must be executed before initiating legal proceedings. Please contact the attorneys at Trejo Law Corporation if you have further questions about this.

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In anticipation of the proposed changes to Bankruptcy Rules 3001 and 3002, which become effective in December 2011, the attorneys of Trejo Law Corporation are currently providing training sessions for our clients. The amended rules set guidelines for compliance in regards to proof of claims, payment change letters, and recoverability of post-petition fees and costs for residential mortgages. If these amended rules are not closely followed, the courts may sanction servicers for noncompliance. Please contact us if you would like to schedule a training session.

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Trejo Law Corporation was featured on Los Angeles-based radio station KLVE-FM 107.5. On-air popular radio personality Sofia Soria of KLVE 107.5 endorsed Trejo Law Corporation today live on the radio. Keep listening and watch out for other popular radio personalities talking about their positive experiences with Trejo Law Corporation!

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Trejo Law Corporation is proud to support the California State Firefighters’ Association through consistent donations.  We ask that you donate to organizations in your state representing the brave men and women in uniform!

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Trejo Law Corporation urges you to join us in donating to the Japan relief efforts. Please visit the American Red Cross to make your donation today!

Trejo Law Corporation is a BBB-accredited law firm.

Trejo Law Corporation will be conducting a free legal clinic in the communities surrounding the Los Angeles area for low-income families and individuals. A time and date will be set aside for such clinics. Additionally, the law firm will be using online social networking sites to promote its various practices as well as to promote its charitable events. Please visit www.trejolawcorp.com, “like” us on Facebook, and follow the Trejo Law Corporation on Twitter @trejolawcorp.

Trejo Law Corporation is a BBB-accredited law firm.