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Posted Feb 1st, 2012
I recieved an answer from Hillary Miller yesterday and I forwarded it to the attorneys office that
made the offer and this is the reply.

Additional Details:
This is not class action case, it¿s a mass tort lawsuit , Lets start by revisiting what is a mass
tort law suit is or clarifying the difference between a class action and mass tort:Class Action ·
Free to join · Typically tens of thousands of plaintiffs on a complaint ·
No attorney client collaboration · Law firm contingency ¿ typically 60 to 70% of any
settlement · One settlement for all to split - $40m / 10000 plaintiffs = 6500 per
plaintiff · Foreclosure protection ¿ NONE Mass Tort · Shared cost model ¿ one
small retainer fee per plaintiff · Direct and ongoing attorney client collaboration ·
Contingency fee ¿ 70% split plaintiff and 30% attorney · Settlement ¿ each
plaintiff will receive a unique settlement · Foreclosure protection ¿ yes Why don¿t
you pass this along to your attorney and maybe your attorney will have a different outlook on
this. John A. Ditullio Intake Coordinator The Resolution Law Group,P.C
Legal Topic Area: Business Law in NY

It sounds as if the facts keep changing. You need to consult with your own attorney regarding this matter. No one on this forum is "your" attorney, and the information you receive here does not constitute legal advice. The "intake coordinator" is not an attorney and cannot render legal advice to you. Check with your own attorney where the property is located regarding a lawsuit against your lender.


Answered on Feb 1st, 2012 at 9:36am