Foreclosure Mill Law Firms Starting to Meltdown

Foreclosure Mill Law Firms Starting to Meltdown

Dan Edstrom
DTC Systems, Inc.

Foreclosure mill law firm the Law Offices of David J. Stern, P.A. will be ceasing the practice of law with respect to all pending foreclosure matters in the State of Florida.  In an 8-K filing dated March 7, 2011 by DJSP Enterprises, Inc., the following was given:

“Item 8.01 Other Events.

DJSP Enterprises, Inc.’s (the “Company’s”) primary customer, the Law Offices of David J. Stern, P.A., has announced that it will be ceasing the practice of law with respect to all pending foreclosure matters in the State of Florida as of March 31, 2011.  As a result, the Company does not expect to receive any further file referrals from this customer.”

Here is the 8-K filing: http://dtc-systems.net/?attachment_id=563

Not only that, but transcripts from Central Mortgage Company vs. Eduardo Gonzalez Del Real hearing resulted in Florida judge Maxine Cohen Lando holding two foreclosure mill lawyers from Ben-Ezra & Katz, P.A. in contempt of court while at the same time awarding the case against the homeowner dismissed with prejudice (meaning the case cannot be refiled).  The bad news is that this should be happening every single day and isn’t.  In non-judicial states this is especially egregious because no court reviews these documents before the homeowner is thrown out on the street.

Here is the court transcript: http://dtc-systems.net/?attachment_id=562

Be sure to read pages 40/41

Author: dmedstrom

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