Showing posts with label Palm Bay Foreclosure Lawyer. Show all posts
Showing posts with label Palm Bay Foreclosure Lawyer. Show all posts
Tuesday, July 30, 2013
Video Blog: Making The Banks Pay
In this video firm attorney Richard Shuster, answers a blog visitor's question about why this blog features copies of checks from cases where the bank lost the case and was ordered to pay attorney's fees.
Friday, February 11, 2011
Shuster & Saben, LLC obtains judgment against Chase Home Finance.
A Florida court has entered Final Judgment against Chase Home Finance in a foreclosure case won by the foreclosure lawyers at Shuster & Saben, LLC. The judgment commands Chase to pay the homeowner and his attorneys $9,950.00 for attorney's fees and costs. Previously, Shuster & Saben obtained a dismissal of the case as a sanction against Chase after Chase failed to comply with two Court orders concerning answering interrogatories (written questions answered under oath) and providing written discovery.
Under Florida law in most cases where the homeowner wins their foreclosure case the bank must reimburse the homeowner for their legal expenses. The amount of the judgment obtained substantially exceeds the amount of money paid by the homeowner to Shuster & Saben because the judgment includes reimbursement of $1,750.00 for an expert witness to testify at the attorney fee hearing ( a cost paid for by the firm not the client ) and for work performed by the firm that was not changed to the client.
From this judgment Shuster & Saben firm will reimburse our client’s legal expenses. When this case began, all our client wanted was a waiver of deficiency on an upside-down rental property. At the onset of the case our firm offered to settle the case by Deed In Lieu of Foreclosure or agreed judgment of foreclosure with waiver of deficiency. Chase as the servicer of a FNMA loan did not accept the settlement offer. Now, a year later, Chase does not have the property and has spent thousands of dollars paying both their lawyers and for all of the time our firm spent defending the case.
To review a redacted copy of the judgment obtained against Chase please click the link below.
Redacted Final Judgment Against Chase
About Shuster & Saben: When the foreclosure defense lawyers at Shuster & Saben win foreclosure cases we aggressively seek to recover attorneys fees from the bank minimize or eliminate or client’s legal expenses.
Under Florida law in most cases where the homeowner wins their foreclosure case the bank must reimburse the homeowner for their legal expenses. The amount of the judgment obtained substantially exceeds the amount of money paid by the homeowner to Shuster & Saben because the judgment includes reimbursement of $1,750.00 for an expert witness to testify at the attorney fee hearing ( a cost paid for by the firm not the client ) and for work performed by the firm that was not changed to the client.
From this judgment Shuster & Saben firm will reimburse our client’s legal expenses. When this case began, all our client wanted was a waiver of deficiency on an upside-down rental property. At the onset of the case our firm offered to settle the case by Deed In Lieu of Foreclosure or agreed judgment of foreclosure with waiver of deficiency. Chase as the servicer of a FNMA loan did not accept the settlement offer. Now, a year later, Chase does not have the property and has spent thousands of dollars paying both their lawyers and for all of the time our firm spent defending the case.
To review a redacted copy of the judgment obtained against Chase please click the link below.
Redacted Final Judgment Against Chase
About Shuster & Saben: When the foreclosure defense lawyers at Shuster & Saben win foreclosure cases we aggressively seek to recover attorneys fees from the bank minimize or eliminate or client’s legal expenses.
Sunday, February 7, 2010
HOW MUCH DOES FORECLOSURE DEFENSE COST?
A review of Google searches made by Florida homeowners performing on-line research suggests that there are a significant number of homeowners trying to find out how much it costs to have an attorney defend them in foreclosure litigation. While our firm includes its price in its website ($495.00 per month on loans under $500,000) it appears that most law firms do not include their prices in their websites. To help homeowners make informed decisions about the cost of hiring a lawyer to defend themselves and their home in a foreclosure case, it is necessary to discuss the four most common pricing models among law firms that defend foreclosure cases. The four most common models are: Fixed Fee, Hourly, Monthly, and Hybrid.
FIXED FEE
ADVANTAGE: The Homeowner Pays One time.
DISADVANTAGE: Lawyer has little incentive to work on the case. Arrangement may put lawyer’s interest of obtaining reasonable hourly rate in conflict with client’s goals.
CAUTION: Look our for hidden fees.
When a lawyer represents homeowners on a fixed fee basis all the money the lawyer will ever receive is in the lawyers hands on day one. Working harder on the case or spending more time on the file will not benefit the firm’s bottom line. If the lawyer charges $2,400 for a fixed fee defense and usually changes $300.00 per hour, then you can divide the cost of the defense by the hourly rate to figure out how many hours the lawyer expects to spend on the case. Will the lawyer who is hired on a fixed fee basis take a deposition or file a motion to compel better answers to a request for production of documents, if doing so only increases the amount of work the lawyer has to do and the duration of the case? Will the lawyer hired on a fixed fee basis attend mediation and summary judgment hearings on the client’s behalf. Some lawyers who accept foreclosure cases on a fixed fee basis only intend to file an answer and discovery requests. If a fixed fee representation is being considered the homeowner should be frank with the prospective lawyer during the initial interview. The client and lawyer should be on the same page as to what is included in the fixed fee and whether the lawyer contemplates attending mediation and summary judgment hearings.
HOURLY:
ADVANTAGE: Lawyer has a financial incentive to work on the case
DISADVANTAGES: Lawyer has a financial inventive to work on the case. Fees may vary widely from month to month.
It is hard for consumers to evaluate how much time various legal tasks require. The lawyer may have incentive to perform work because it is billable rather than crucial to advancing the case. The amount of each bill may vary greatly depending amount of time spent by the lawyer.
MONTHLY:
ADVANTAGES: Fees are the same every month. Lawyer has a financial incentive to work on the case.
DISADVANTAGE: Penalizes lawyer for rapid resolution of case.
For a homeowner seeking to stay in their home for as long as possible, monthly fees will align the interest of the lawyer and the client. For a owner of a vacant investment property monthly fees with a cap on total months or a bonus for a quick resolution can modify a monthly fee arrangement to make it work for all parties. With monthly fees the fee is always the same so there are no surprises for the client. Monthly fees make foreclosure defense affordable for many consumers who lack sufficient cash for a one time up front fee, and can’t afford high hourly fees.
HYBRID:
A hybrid fee arrangement combines two or more of the above models. For instance a firm might change hourly with a monthly cap on the total fee. Some firms also include a reverse contingency where the firm receives a bonus in the event the firm is able to obtain a reduction of the loan balance or interest rate. Under a reverse contingency the firm is paid a portion of the savings the client receives as a result of the representation.
UPDATE (May 2012): This blog post has now been read over 2,000 times! When evaluating the cost of a specific law firm homeowners should not ignore a firm's results and choose a lawyer on price alone. A cheap foreclosure defense lawyer who does a bad job will most likely costs more than an expensive foreclosure lawyer who does a good job. When our firm firm wins foreclosure cases we file motions against the bank to recover attorney's fees for the benefit of our clients. Firms that win cases and recover fees from the the bank can substantially decrease a client's legal expenses. For more information on recovering fees from banks see our blog post The Robin Hood Law Firm.
UPDATE 2 (July 2013): New Post about BAIT & SWITCH pricing strategies being used by some law firms. To read the post click here.
UPDATE 3 (January 2015): This post has now been read over 5,000 times! In 2014 we set a firm and Brevard County record for attorney fee recoveries from banks, and retuned tens of thousands of dollars to our clients by winning their foreclosure cases, recovering attorney's fees from the banks that lost the cases, and returning money from such recoveries to our clients.
Consumers with questions about the cost for Shuster & Saben to defend a foreclosure case in Miami-Dade, Broward, Palm Beach, Collier, Lee, Martin, St. Lucie, Indian River, or Brevard County can e-mail foreclosuredefeneselaw@gmail.com.
FIXED FEE
ADVANTAGE: The Homeowner Pays One time.
DISADVANTAGE: Lawyer has little incentive to work on the case. Arrangement may put lawyer’s interest of obtaining reasonable hourly rate in conflict with client’s goals.
CAUTION: Look our for hidden fees.
When a lawyer represents homeowners on a fixed fee basis all the money the lawyer will ever receive is in the lawyers hands on day one. Working harder on the case or spending more time on the file will not benefit the firm’s bottom line. If the lawyer charges $2,400 for a fixed fee defense and usually changes $300.00 per hour, then you can divide the cost of the defense by the hourly rate to figure out how many hours the lawyer expects to spend on the case. Will the lawyer who is hired on a fixed fee basis take a deposition or file a motion to compel better answers to a request for production of documents, if doing so only increases the amount of work the lawyer has to do and the duration of the case? Will the lawyer hired on a fixed fee basis attend mediation and summary judgment hearings on the client’s behalf. Some lawyers who accept foreclosure cases on a fixed fee basis only intend to file an answer and discovery requests. If a fixed fee representation is being considered the homeowner should be frank with the prospective lawyer during the initial interview. The client and lawyer should be on the same page as to what is included in the fixed fee and whether the lawyer contemplates attending mediation and summary judgment hearings.
HOURLY:
ADVANTAGE: Lawyer has a financial incentive to work on the case
DISADVANTAGES: Lawyer has a financial inventive to work on the case. Fees may vary widely from month to month.
It is hard for consumers to evaluate how much time various legal tasks require. The lawyer may have incentive to perform work because it is billable rather than crucial to advancing the case. The amount of each bill may vary greatly depending amount of time spent by the lawyer.
MONTHLY:
ADVANTAGES: Fees are the same every month. Lawyer has a financial incentive to work on the case.
DISADVANTAGE: Penalizes lawyer for rapid resolution of case.
For a homeowner seeking to stay in their home for as long as possible, monthly fees will align the interest of the lawyer and the client. For a owner of a vacant investment property monthly fees with a cap on total months or a bonus for a quick resolution can modify a monthly fee arrangement to make it work for all parties. With monthly fees the fee is always the same so there are no surprises for the client. Monthly fees make foreclosure defense affordable for many consumers who lack sufficient cash for a one time up front fee, and can’t afford high hourly fees.
HYBRID:
A hybrid fee arrangement combines two or more of the above models. For instance a firm might change hourly with a monthly cap on the total fee. Some firms also include a reverse contingency where the firm receives a bonus in the event the firm is able to obtain a reduction of the loan balance or interest rate. Under a reverse contingency the firm is paid a portion of the savings the client receives as a result of the representation.
UPDATE (May 2012): This blog post has now been read over 2,000 times! When evaluating the cost of a specific law firm homeowners should not ignore a firm's results and choose a lawyer on price alone. A cheap foreclosure defense lawyer who does a bad job will most likely costs more than an expensive foreclosure lawyer who does a good job. When our firm firm wins foreclosure cases we file motions against the bank to recover attorney's fees for the benefit of our clients. Firms that win cases and recover fees from the the bank can substantially decrease a client's legal expenses. For more information on recovering fees from banks see our blog post The Robin Hood Law Firm.
UPDATE 2 (July 2013): New Post about BAIT & SWITCH pricing strategies being used by some law firms. To read the post click here.
UPDATE 3 (January 2015): This post has now been read over 5,000 times! In 2014 we set a firm and Brevard County record for attorney fee recoveries from banks, and retuned tens of thousands of dollars to our clients by winning their foreclosure cases, recovering attorney's fees from the banks that lost the cases, and returning money from such recoveries to our clients.
Consumers with questions about the cost for Shuster & Saben to defend a foreclosure case in Miami-Dade, Broward, Palm Beach, Collier, Lee, Martin, St. Lucie, Indian River, or Brevard County can e-mail foreclosuredefeneselaw@gmail.com.
Friday, August 21, 2009
New Melbourne, Florida Consultation Location
For Immediate Release:
Shuster & Saben, LLC announces a new available for consultation location in Melbourne, Florida. Space Coast homeowners facings foreclosure can meet with an attorney of the law firm of Shuster & Saben, LLC at 100 Rialto Place, Suite 700, Melbourne, FL 32901. We are available for consultation at this location by appointment only.
View Larger Map
Shuster & Saben, LLC is law firm of five attorneys with offices in Miami and in Plantation / Fort Lauderdale. This Fall Shuster & Saben will open a third office in Satellite Beach, Florida and will continue to be available by appointment only at 100 Rialto Place, Suite 700 in Melbourne. Shuster & Saben, LLC defends homeowners in foreclosure. Lawyers in our firm have been featured in or quoted by Time Magazine, Univision, and the Daily Business Review. Shuster & Saben offers free consultation with an attorney and defends homeowners in foreclosure for $495.00 per month on loans under $500,000. When the firm defends a homeowners primary residence
Melbourne Phone: (321) 549-STAY or Toll Free: 877-511-STAY.
For More Information about Shuster & Saben, LLC, please see our website www.attorneyforeclosuredefense.com
Shuster & Saben, LLC announces a new available for consultation location in Melbourne, Florida. Space Coast homeowners facings foreclosure can meet with an attorney of the law firm of Shuster & Saben, LLC at 100 Rialto Place, Suite 700, Melbourne, FL 32901. We are available for consultation at this location by appointment only.
View Larger Map
Shuster & Saben, LLC is law firm of five attorneys with offices in Miami and in Plantation / Fort Lauderdale. This Fall Shuster & Saben will open a third office in Satellite Beach, Florida and will continue to be available by appointment only at 100 Rialto Place, Suite 700 in Melbourne. Shuster & Saben, LLC defends homeowners in foreclosure. Lawyers in our firm have been featured in or quoted by Time Magazine, Univision, and the Daily Business Review. Shuster & Saben offers free consultation with an attorney and defends homeowners in foreclosure for $495.00 per month on loans under $500,000. When the firm defends a homeowners primary residence
Melbourne Phone: (321) 549-STAY or Toll Free: 877-511-STAY.
For More Information about Shuster & Saben, LLC, please see our website www.attorneyforeclosuredefense.com
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