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Posted on August 28, 2014 - 03:24 PM
by john kavazanjian
There must be a way to handle these payouts efficiently.. I wrote in a previous article on the large Bank of America settlement that my hope was the people injured would get their fair share of the settlement.
I do understand that the processs is difficult and it has hurdles and obstacles and I am not looking for perfection, however a rate of 33% does not make sense.
I have two questions. One is how can the firms responsible to pay be better at it? Two what happens to the money that is not paid? I would think that someone who experienced a catastrophic financial event in real estate would be following these cases.