Law students help ease foreclosure wo...

Law students help ease foreclosure worries | The Columbus Dispatch

There are 27 comments on the Columbus Dispatch story from Mar 14, 2011, titled Law students help ease foreclosure worries | The Columbus Dispatch. In it, Columbus Dispatch reports that:

Law professor Peggy Cordray started the program. FRED SQUILLANTE DISPATCH Capital University law student Thomas Siwo has worked with 15 homeowners.

Join the discussion below, or Read more at Columbus Dispatch.

First Prev
of 2
Next Last
CG - Columbus

Naperville, IL

#2 Mar 14, 2011
Wish these programs had been in place when I got forclosed on !! I too felt there was nothing I could do. I tried & tried to get re-financed for about 5 yrs before it happened, and nobody (including the bank I had my loan through) could or would help me !! All I got was that the house was appraised too high, so no one would take it on !! I pray that others can get the help they need to keep their homes !! I had been in mine for almost 25 yrs, it was very emotional for me to have to give it up, it was the only actual home my son and I ever had and I miss it so much !!
One Sided Article

Mount Gilead, OH

#3 Mar 14, 2011
The article reports numbers making it sound like homeowners didn't even try to stay in their home. I've heard from soooo many people that tried and got no where calling their banks. People that were trying before they even were late on their payments. They are all told they have to quit paying their mortgage before they qualify for help. Maybe with the foreclosure notification, the banks should be required to send info on the people's options. I think a loan modification would be a win win situation.
REALLY

Hilliard, OH

#4 Mar 14, 2011
I think this is a fantastic program. But I wonder why, when the federal government puts a program like this in place that there aren't comnon sense guidelines to follow for the banks to assist people in the forclosure process. At least these Capital students can assistance in the red tape process. Good Luck to all!!!
tjg

Edison, NJ

#5 Mar 14, 2011
This program is good for the homeowners. It is good for the law students and make them better attorneys. And good PR for Capital Law School.
Bud Selby

Columbus, OH

#6 Mar 14, 2011
While a nice PR vehicle for Capital Law School, there is not a lot that these pretend lawyers can do in the long run. They can hold these people's hands while they go through the process, maybe make some calls to stone-walling lenders, that's about it. Maybe it will be helpful to the students when ten years down the road and they can't pay their student loans and find they can't get any low paying legal jobs other $10 an hour paralegal work. When they lose their house they can then rely on the precious knowledge garnered from this feel-good yet worthless program.
say hey willie

Columbus, OH

#7 Mar 14, 2011
This a really good program. Kasich will shut it down.
Yum Yum Sauce

Columbus, OH

#8 Mar 14, 2011
Bud Selby wrote:
While a nice PR vehicle for Capital Law School, there is not a lot that these pretend lawyers can do in the long run. They can hold these people's hands while they go through the process, maybe make some calls to stone-walling lenders, that's about it. Maybe it will be helpful to the students when ten years down the road and they can't pay their student loans and find they can't get any low paying legal jobs other $10 an hour paralegal work. When they lose their house they can then rely on the precious knowledge garnered from this feel-good yet worthless program.
Jeez Bud, you're quite the hater. I would think that if one person becomes more informed through this process, and finds a way to stay in their home because of a program like this, then it's a worthwhile undertaking.

Likewise, any degree, be it in business, law, medicine, etc., is just something to provide an opportunity. Only hard work will see the person through to a successful career, and I would think that the kids working with this program at Capital University understand that, hence why they are there in the first place.
TAXPAYER

Marion, OH

#9 Mar 14, 2011
This is a start --- BUT, the numbers don't tell the real story. The real story is that the process is sooooo complex and hard to understand, and with soooo many requirements, that the reason 450 of 10,000 foreclosures actually went through the process is because they "qualified".
KASICH THE IDIOT

Dublin, OH

#10 Mar 14, 2011
Well since DeSlime is not doing anything about the slime ball banks who are forclosing and breaking the rules, it is good to see Law Students, who most likely understand the law better than he, helping these people. We lost a good Attorney General in Rich Codray, and he was replaced with a lump of poop.
Joe america

Columbus, OH

#11 Mar 14, 2011
Yum Yum Sauce wrote:
<quoted text>
Jeez Bud, you're quite the hater. I would think that if one person becomes more informed through this process, and finds a way to stay in their home because of a program like this, then it's a worthwhile undertaking.
Likewise, any degree, be it in business, law, medicine, etc., is just something to provide an opportunity. Only hard work will see the person through to a successful career, and I would think that the kids working with this program at Capital University understand that, hence why they are there in the first place.
Not really a hater, a realist. These students were duped into thinking a Capital law degree has any semblence of value, when in reality its not worth the paper it's printed on unless your are in the top 5% of graduates. Now the school uses these dupes as a means for free advertisement,to show how benevolent they are. When these students are 150k in debt and can't find anything that pays over 35k a year, that's when the tears will drop. Until then, live in your fantasy world and drink the kool-aid.
Memphis

Columbus, OH

#12 Mar 14, 2011
Joe america wrote:
<quoted text> Not really a hater, a realist. These students were duped into thinking a Capital law degree has any semblence of value, when in reality its not worth the paper it's printed on unless your are in the top 5% of graduates. Now the school uses these dupes as a means for free advertisement,to show how benevolent they are. When these students are 150k in debt and can't find anything that pays over 35k a year, that's when the tears will drop. Until then, live in your fantasy world and drink the kool-aid.
Being a Cap Law grad, I can agree that the debt situation is tough but I'll pay it off eventually. That said, I disagree with everything else you have to say. I've practiced for 5 years, wasn't in the "top 5%", and don't have an uncle who owns the firm. I suppose if you expect life to hand you your future, you may be primed for futility. I suppose that is what passes for being a "realist" these days.
FED UP

Westerville, OH

#13 Mar 14, 2011
Banks suck. We all bailed them out and they are not willing to work with good homeowners who always paid their bills and mortgages. You have to be two months in arrears to get their attention. When you call, they treat you like dirt. You have to ruin your credit to modify your home loan and then they tack on an additional 10 years to pay. You might as well walk. That's exactly what I plan to do and I have outstanding credit. Can't sell it; it's not worth what I even paid 7 years ago. And the value keeps dropping. One thing that hasn't dropped is my property taxes. Go figure.
Steven Streets

Grove City, OH

#14 Mar 14, 2011
If I had a Law degree/license I would go after the violators of US Constitution Article One section 8 and 10. That's why the economic meltdowns truly came about in the first place.
There's only two kinds of lawyers and law students
Those that want to defend and promote justice through law and,
Those that want to use law to enrich themselves and pervert justice through law and they will.
Ghandi represents the first, and Wall Street Corps with their fiat specie debt industry represents the second.
Get real

Pemberton, OH

#15 Mar 14, 2011
"Promising" future for Cap law grads? That's one heck of a misplaced adjective.
OakieDokie

Naperville, IL

#16 Mar 14, 2011
Steven Streets wrote:
If I had a Law degree/license I would go after the violators of US Constitution Article One section 8 and 10. That's why the economic meltdowns truly came about in the first place.
There's only two kinds of lawyers and law students
Those that want to defend and promote justice through law and,
Those that want to use law to enrich themselves and pervert justice through law and they will.
Ghandi represents the first, and Wall Street Corps with their fiat specie debt industry represents the second.
If you had a law license, would you go after the politicians in Washington D.C., such as Chris Dodd and Barney Frank, who were instrumental in setting the stage for the meltdown by pushing Fannie and Freddie to make non credit worthy loans?
Dude

Columbus, OH

#17 Mar 14, 2011
Wait til these law students get their student loan bills. They might find themselves on the other side of that phone line...
Hmmm

Columbus, OH

#18 Mar 14, 2011
How about worrying more about your home as opposed to new 20 inch rims, or an iphone, or the latest designer handbag and clothes for yourmany kids. Why don't we start there first. Just sayin'
Bud Selby

Columbus, OH

#19 Mar 14, 2011
Memphis wrote:
<quoted text>
Being a Cap Law grad, I can agree that the debt situation is tough but I'll pay it off eventually. That said, I disagree with everything else you have to say. I've practiced for 5 years, wasn't in the "top 5%", and don't have an uncle who owns the firm. I suppose if you expect life to hand you your future, you may be primed for futility. I suppose that is what passes for being a "realist" these days.
Chances are slim you'll pay it off, dude. That is what passes as a realist in my book. Capital keeps cranking out lawyers who keep going after a smaller piece of the pie here in Cowtown. With 7,000 plus lawyers here already, you'll soon find out that that your just a hamster on the wheel, if you haven't already. Being a lawyer myself, I speak from experience.
Yep

Columbus, OH

#20 Mar 14, 2011
Joe america wrote:
<quoted text> Not really a hater, a realist. These students were duped into thinking a Capital law degree has any semblence of value, when in reality its not worth the paper it's printed on unless your are in the top 5% of graduates. Now the school uses these dupes as a means for free advertisement,to show how benevolent they are. When these students are 150k in debt and can't find anything that pays over 35k a year, that's when the tears will drop. Until then, live in your fantasy world and drink the kool-aid.
You are right! Capital University Law School is a TTT law school. Many will graduate will six figures of debt and will not be able to find a job in the legal community. The LS career services publishes false statistics every year stating how LS graduates start making $100,000 to $150,000. Yeah right!
Huh

Columbus, OH

#21 Mar 14, 2011
Memphis wrote:
<quoted text>
Being a Cap Law grad, I can agree that the debt situation is tough but I'll pay it off eventually. That said, I disagree with everything else you have to say. I've practiced for 5 years, wasn't in the "top 5%", and don't have an uncle who owns the firm. I suppose if you expect life to hand you your future, you may be primed for futility. I suppose that is what passes for being a "realist" these days.
Do you work in big law? Would big law hire you with your TTT credentials? How much student debt do you have? It's not about handouts, it about LS misleading students into believing that a law degree is versatile and there are plenty of legal jobs for law grads. There aren't! Doc review is starting to get outsourced to India. LS are pounding out more and more law grads every year. How many lawyers does society need? Many, many lawyers don't want to be lawyers. They are glued to this profession due to debt and because they have no other marketable skills. Their law degree is a like a scarlet letter because once they apply for a nonlegal job, they will be deemed overqualified and entitled. Folks, don't go to law school and make the $150,000 mistake.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker
First Prev
of 2
Next Last

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Groveport Discussions

Title Updated Last By Comments
Brianna Davis and Daniel matheny Tue Bri 11
News Reporter: Total Eclipse Looks Like Pac-Man Aug 21 eye in the sky 1
kk (Feb '13) Aug 15 cierra 2
Two OD's in Canal Winchester Aug 5 Riders 2
Utilities?? Jul 31 ashley 6
info Jul 30 Youknowme 2
h**ker Jul 27 ash 1

Groveport Jobs

More from around the web

Personal Finance

Groveport Mortgages