Trashed Out – Foreclosures Go Wrong as Lenders, cleanup crews cut legal corners. A trash-out crew mistakenly entered the property three times to shut off utilities and remove personal property, he said. Lawyers in other suits contend that some lenders, their lawyers and property management firms are granting salvage rights to trash-out crews, who then take TVs, furniture and other personal property.
It’s safe to buy a previously foreclosed-upon house if title insurance is available on it, experts say.The "robosigning" scandal — in which banks and law firms cut corners on foreclosure paperwork –.
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There’s a long list of documented abuse by foreclosure mills, which are often specialist law firms built to handle thousands of foreclosures at once. Because of their financial incentives, firms are rewarded for each action they take and frequently cut corners on legally mandated steps of the process.
Fla. AG Probe: Did 3 Law Firms Get 1,000s of Foreclosure Judgments By Possible Wrongdoing? The three firms are the Law Offices of Marshall C. Watson in Fort Lauderdale; Shapiro & Fishman; David J. Stern’s firm in Plantation. Watson declined to comment yesterday on the probe and the Shapiro firm could not be reached.
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Lenders and the law firms they hire to perform nonjudicial foreclosures can take some comfort in the U.S. Supreme Court’s unanimous decision that the fair debt collection practices act doesn’t.