Posts Tagged ‘st pete times’
More Bad News for David Stern and DJSP Enterprises…..
Another day, another bad newspaper article in the St. Petersburg Times for David J. Stern, (ahem) the Law Offices of David J. Stern, David J. Stern Enterprises or whatever the heck the evil empire is called…..I cannot imagine that the small number of institutional lender clients will continue to refer cases to a law firm that is the subject of lawsuits and unfavorable press. I wonder how many investors actually bought stock in this enterprise, seeking to capitalize on other’s misfortune…..I think about them as I see the stock price just diving, diving, diving down lower.
I also wonder whether judges will start examining David J. Stern cases more carefully in light of the allegations.
Read the full article here.
Floridians in foreclosure will go to mediation, chief justice’s order says- Article in Today’s St. Pete Times
An article in today’s St. Petersburg Times reports that, as discussed in my earlier posts, all residential foreclosure cases will be referred to mediation. The full article can be found here.
Foreclosure Short Sales In Florida And a Borrorwer’s Continuing Liability
In an article I am quoted in today’s St. Petersburg Times, reporter James Thorner writes about an issue I’ve been voicing concerns about for some time now (read back in the blog). As indicated in the article, my primary concern is that homeowners in foreclosure are often approached by realtors or other parties who suggest that a “short sale” of their home is the answer to the problem and that if the sale only closes, their problems are over forever. This unfortunately is not that case–the borrower still faces several significant liabilities (like 1099-c IRS liability) and unless they are properly represented by an experienced real estate attorney, they may not be accurately advised of the consequences.
Read the article and don’t get trapped, consult an experienced real estate attorney www.mattweidnerlaw.com




















