Are some law firms cutting corners on foreclosures?

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And some of our law firm clients want people who have master’s and even PhDs. Also, people forget, when they move in-house, they’re going to probably take a huge cut in pay because the economics.

8 tips for choosing a foreclosure attorney. Many homeowners fight foreclosure by hiring lawyers to represent them. Read on for eight tips for finding and selecting a foreclosure defense attorney.

Even if you can’t work out a deal, applying for a modification will you buy you some time to stay in the home before the lender completes the foreclosure. Generally, under federal law (and some state laws), a foreclosure must stop while the servicer evaluates your application. When you should consider hiring an attorney.

Cutting legal corners The Powelson case highlights a growing problem in large, foreclosure-prone urban areas such as metro Detroit. With thousands of homes in the throes of foreclosure, attorneys who represent homeowners say mistakes get made and corners cut.

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In 2011, three attorneys set up a firm called The Mortgage Law Group that took advantage of a federal program aimed at helping people threatened with foreclosure to stay in their homes. Business boomed. In just over two years the Chicago firm signed up more than 5,200 clients who paid more than $18.

Foreclosure mill Deluged by defaults, Fannie and Freddie hire law firms that mass-process foreclosures-quick and dirty-giving homeowners little time to respond.

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But when corporations cut corners, the costs can be immense – both. which leads to decades of abuse, lost wages and mounting legal bills.

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