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Settlement funds to help West Virginia State Bar provide legal assistance

Mountain Media, LLC by Mountain Media, LLC
January 15, 2016
in Business News
0

The West Virginia State Bar received $329,000 from a U.S. Department of Justice settlement with Bank of America that will help legal services organizations in the state provide foreclosure-prevention assistance to indigent citizens and/or support community redevelopment legal services.

Anne Werum Lambright, chair of its Interest on Lawyer Trust Accounts (IOLTA) Committee, announced that the Department of Justice settlement with the bank involved residential mortgage-backed securities and other conduct related to the housing/financial crisis several years ago.

“The West Virginia State Bar takes very seriously its responsibility to support our citizens’ constitutionally protected rights to have legal representation,” Lambright said. “The financial crisis several years ago created problems for many families. These funds can help provide counsel for those who face foreclosure today. In addition, organizations involved in community redevelopment can request funds that will support legal work for their projects.”

Applicants for the newly announced grants must qualify as a legal services organization but do not have to be current grantees.

Lambright said The West Virginia State Bar’s Interest on Lawyer Trust Accounts (IOLTA) Committee is accepting requests for proposals (RFPs) from legal services organizations for use of the funds. Requests for proposals (RFPs) are available on The West Virginia State Bar website: www.wvbar.org/RFP. Applications must be received by midnight April 30, 2016. Applications may be submitted via USPS, Email or Fax.

Mailing Address: IOLTA Legal Assistance Grants, 2000 Deitrick Blvd, Charleston, WV 25311

Email Address: caseya@wvbar.org Fax Number: 304-558-2467

“Members of The West Virginia State Bar understand the importance of representing citizens who find themselves in need of legal services but cannot afford to defend their interests in court and other legal proceedings,” Lambright said. “The funds also can support local groups that encounter legal costs as they work on economic development projects.”

 

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