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Stay In My Home PA Bankruptcy Creates Mess For Thousands Of People

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Bankruptcy Of Mark Stopa’s Former Firm, Stay In My Home PA Creates Mess For Thousands Of Former Clients There good news and bad news for former clients of Mark Stopa’s former law firm, Stay In My Home PA. Here’s the good news. The bankruptcy judge has ordered a temporary halt to all court proceedings for Stopa’s former clients. This includes all circuit court and appellate court actions that Stopa and his former firm are the counsel of record. The bankruptcy court overseeing the bankruptcy of Stay In My Home PA issued the emergency order effective until November 6th. This could give hundreds of Florida homeowners a temporary respite from the threat of foreclosure. Stay in My Home PA filed a petition for a Chapter 7 bankruptcy liquidation on October 2nd. Bankruptcy Trustee Meininger filed the emergency motion. He stated it has been challenging to identify the cases because paper records are incomplete. In addition, Meininger is unable to access Stay In My Home PA’s ...

Florida Foreclosure Mills Got Bailed Out By The Florida Supreme Court

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The Florida Supreme Court’s Bartram Decision Was Nothing More Than A Bailout For Florida Foreclosure Mills Homeowners began beating Florida foreclosure mills about five years ago. Thus, they were able to keep their home mortgage-free. However, they were winning because of some dramatic court showdown reminiscent of  Roe v.  Wade or  Brown v. Board of Education. The argument was a pretty simple one and it started an avalanche of homeowner victories across Florida. Florida foreclosure mills and Florida courts had a backlog of foreclosure cases because of the financial crisis. It also didn’t help that David Stern’s office went belly up. The mismanagement of foreclosures cases handled by foreclosure mills was common throughout Florida. Then one day a foreclosure defense attorney had an idea. He argued that lenders were only allowed to file a foreclosure case against a homeowner within five years of sending them a letter of acceleration letter. The la...

Stay In My Home PA Files Bankruptcy Amid Mark Stopa Legal Troubles

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Mark Stopa’s Former Law Firm, Stay In My Home PA Officially Files For Chapter 7 Bankruptcy Stay In My Home PA  is officially bankrupt. The former law firm of Florida foreclosure defense attorney Mark Stopa declared Chapter 7 bankruptcy Tuesday. The petition by Stay In My Home PA estimates the number of people and businesses owed money by the firm to be between 1,000 and 5,000. It includes the names and addresses of hundreds of individuals from all over Florida. Most of these individuals appear to be homeowners who had hired Stopa’s firm to keep them from foreclosure. The petition estimates the firm’s assets at $50,000 to $100,000. The petition also states that its liabilities are between $100,000 and $500,000. The Chapter 7 bankruptcy filing for Stay In My Home PA means the firm is liquidating any and all assets. Attorney Richard Mockler took over Stopa’s practice in July and signed the petition. He wrote several creditors: I had high hopes for success. But, I had no...

Lawyer Mark Stopa Allegedly Made Millions On Equity Skimming Scam

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Lawyer Mark Stopa Allegedly Scammed $5 Million Off Foreclosure Clients With Equity Skimming Scam Lawyer Mark Stopa painted himself as the foreclosure messiah after the housing crash. Thousands of distraught homeowners bought into it and hire Stopa to keep them in their homes. Lawyer Mark Stopa helped many people hold on to their homes. He also acquired millions of dollars worth of property from other clients through a years-long pattern of fraud and deception. The alleged scheme to defraud clients and mortgage lenders has had a ripple effect throughout Florida. the scam has left thousands of foreclosure cases in limbo and Stopa’s firm about to file for bankruptcy. Tampa attorney Richard Mockler has tried unsuccessfully to salvage Stopa’s law practice. He told the Tampa Bay Times: Read more at MFI-Miami

Equifax Rule Is In Effect As Credit Freezes Are Now Free

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Credit Freezes aka The Equifax Rule Allows Consumers To Put A Freeze On Who Can Pull Information  Consumers can now freeze their credit at all three of the major credit reporting agencies for free. The new rule went into effect yesterday. Industry insiders are dubbing it the “Equifax rule.” The  massive data breach  at Equifax led to a  push  to ban credit reporting agencies from charging to freeze someone’s credit. Each state had different rules about credit freezes. Some states allowed agencies to charge up to $10 to place a credit freeze. States also allowed credit agencies to charge $10 to lift the freeze. Not anymore. The Economic Growth, Regulatory Relief, and Consumer Protection Act bans the practice. The act was signed into law by President Trump  earlier this year. Read more at MFI-Miami

ATTENTION Mark Stopa Foreclosure Clients!

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ATTENTION MARK STOPA FORECLOSURE CLIENTS: MFI-Miami and our partner lawyers Are Here To Help! MFI-Miami wants to help Mark Stopa foreclosure clients keep their homes. Many of these clients have been left shell-shocked by the   downfall of Mark Stopa’s law firm .  We want to help them find a new credible lawyer in their area.       Being in foreclosure is stressful enough. However, having  an attorney suspended and his office raided  by law enforcement is not the stress homeowners in foreclosure need.   Mark Stopa has left nearly   4000 clients without legal representation   in the middle of their fight to save their home. MFI-Miami finds this unacceptable. Therefore, MFI-Miami has pledged to assist any Mark Stopa foreclosure clients to find credible legal representation. So they can continue in their fight to stay in their homes.  Read more at MFI-Miami

South Florida Foreclosures Are Skyrocketing Thanks To The Florida Supreme Court

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South Florida Foreclosures Are Skyrocketing Thanks To The Florida Supreme Court South Florida Foreclosures By Numbers A new study by Attom Data Solutions  shows that South Florida foreclosures are skyrocketing.  Florida had one of the highest rates of foreclosure starts in the United States in August compared to the same period last year. The report shows one in every 1,180 households in Florida had a Lis Pendens and foreclosure action filed against it. This is a 35% increase from the same time last year. Only New Jersey, Delaware, and Maryland had higher rates of foreclosure starts. The Attom study also shows the number of foreclosure starts in Miami-Fort Lauderdale-West Palm Beach jumped 29% in August. This also is the fourth consecutive month of year-over-year spikes in foreclosure. The spike in foreclosure starts in markets such as Miami-Dade. Miami-Dade is plagued by  income inequality  and  stagnant wages  that continue to worsen. ...