Conway Alerting Of Foreclosure Settlement

{Frankfort, Kentucky}…Kentucky Attorney General Jack Conway has begun a public service campaign to alert people before a January 18th deadline to apply for money from the $25 billion national mortgage foreclosure settlement reached last spring. Conway says Kentucky received almost $59 million and has millions to distribute. Homeowners who received mortgages from Bank of America, JP Morgan Chase, Wells Fargo, Citi or Ally/GMAC from January 1, 2008, to December 31, 2011 are eligible for financial assistance. As many as 5,000 Kentuckians are thought to be eligible for settlement money because they were wrongfully foreclosed on, and tens of thousands more might be eligible for write-downs. Conway says Kentucky homeowners who were foreclosed on could get $2,000 without conceding legal rights to pursue other remedies.