Nov 8, 2010
SEE ALSO taking-2nd-mortgage-to-pay-the-foreclosure-lawyer
DETAILS ON TELECONFERENCE: lawyer-client-job-fair-by-teleconference-spread-the-word
The main problem confronting homeowners who have been the victims of fraudulent and deceptive lending, leading to title problems caused by DEFECTIVE documents that have been recorded, is that there are not enough lawyers who are willing to take these cases. The lawyers are of course concerned with how they can get paid. But several models have emerged that are very successful. Let’s remember that the lawyers on the other side made tens of millions of dollars prosecuting defective foreclosures using defective documentation. It should not be difficult to see the likelihood of your success on behalf of clients in the context of the hundreds of articles and analyses that have been published and discussed in newspapers, magazines, TV, radio, and the Internet. The prospective market for these services is at least 20 million households nationwide. There is no larger or better opportunity for lawyers to be of service to their communities and no better opportunity, in my opinion, to earn money.
One of the obstacles to getting lawyers interested in taking these cases has been their own uncertainty about the merits of the defenses. They are also concerned about the unpaid investment of their time in learning about securitization and title defects caused by mortgage practices over the last 10 years. Most of what they thought they knew about mortgages does not seem to apply. This creates uncertainty which in turn leads to ambivalence. Of course those lawyers who have not been involved in foreclosure defense and foreclosure offense (for damages, correction of principal, or equitable relief) are unaware of the many support services that essentially do the intake and preparation of the file. This blog promotes several of those services and there are hundreds of other firms that provide litigation support.
This blog receives no less than 25 inquiries per day seeking representation by counsel. The assumption that these homeowners do not have money is usually incorrect. They’re usually able to pay a retainer and a monthly fee. And now there is the prospect of a contingency fee which might be protected by a junior lien on the property. The number of inquiries per day would certainly increase if we had a viable way to connect the right lawyer to the right client. While we are working on automating this process the needs of many clients are not being met. So I have set up a telephone conference for three hours on Tuesday for prospective clients and prospective lawyers to make connections.
Lawyers who wish to participate in this open access conference can, if they want to, send contact information that will be published on the blog at no charge. Whether you participate in the telephone conference or not, any lawyer who wishes to provide current contact information and who is willing to accept clients seeking defense or relief from the consequences of these mortgages, I will publish your information on the blog at no charge. If this venue works I will repeat it. I will appear at the beginning of the conference and perhaps periodically during the three hours of open access. Please post your comments regarding this effort on the blog.
I would also suggest, that while I have not been able to offer any new workshops lately, there are two people who are heading up that effort right now and doing a good job of teaching several strategies in connection with these cases. While there are differences of opinion that might exist between them and I, the overall importance of their workshops and seminars cannot be under-stated: I refer to Max Gardner and April Charney. Just Google them and you’ll get to see when their next workshop is coming up.


