We're recording this at the beginning of February 2021, and we're in a deep hole. We've got still have 5 million people that are in what they're calling a forbearance, meaning they're not making mortgage payments. Another million people who think they're in forbearance, but aren't because they never had a conversation with their mortgage company. It just looks like it's going to end badly.

Marc points out that there is a lot you can do to avoid bankruptcy. If you visit a bankruptcy lawyer they are likely going to sell you on bankruptcy. That's why at his firm they've incorporated bankruptcy, foreclosure defense, and litigation against mortgage companies and servicers.

You have a lot of options but sitting on your hands and doing nothing is not a good plan of action.

After the last crisis in 2008, there were sufficient consumer protection lawyers trained to handle the cases that came up during that housing crisis. At the beginning of this current crisis, Marc set out with his team to build a literal army of consumer protection lawyers. They have now set up a nationwide network of lawyers to help consumers during this crisis and uphold the rulings for mortgage companies and servicers from the last housing crisis.

Martin realized that he didn't know how right he was when he predicted that people would miss Bank of America when they were gone. At least they hired people at $15 an hour and had the motivation to do the right thing so they protect their company image, but now servicers hire people from overseas and a much cheaper rate and don't care if their name is dragged through the mud in the press.     

We talk about how during the last housing crisis there was a feeling that people had overextended themselves and now had to pay the piper, but this time since you didn't cause the pandemic you cannot be accused of causing this housing crisis. We talk about the implication of this for today's homeowners.

Marc unpacks his firm's relationship to Debt Cleanse and what the service provides for consumers.

If you want to get in touch with Marc's firm they are https://advocateattorneys.com or https://www.dannlaw.com