Aceyes 1:. us. Bank (Chapter 16): Claudia Aceyes borrowed money from US. Bank to buy a home. Two years later, she could no longer afford her monthly mortgage payments. The bank notified her that it planned to foreclose on her home. Foreclosure is a process that allows a lender to repossess and sell the property that secures the loan. Aceyes filed for bankruptcy. The bank offered to modify her mortgage if she would forego bankruptcy. She agreed. But after she withdrew her bankruptcy petition, the bank foreclosed on her home anyway. Aceyes sued them for breach of contract. In response, the bank claimed their promise did not result in a valid contract because their agreement to not foreclose was not in writing. Aceyes claimed the agreement did not need to be written under the doctrine of promissory estoppel. What would be the likely result in court? Use the IRAC process to predict whether Aceyes would likely win her breach of contract lawsuit? Your answer should analyze the case using the lRAC outline format, in which you specify what the "Issue" is, what the relevant "Rules" or law is that would apply in the case, how you think the court would apply the law in the "Application" or Analysis" section, and finally your predicted outcome in the "Conclusion" section. (For additional refreshing of your memory about the lRAC process, look back to Week 3 when we learned about the IRAC process)