Florida Attorney & Loan Modification Firm Join Forces To Provide Services To Financially Distressed Homeowners

In Naples, Florida, the Naples Daily News reports:

• Marc L. Shapiro, P.A., Attorney at Law, announced his firm’s expansion of distressed real property consumer services with an affiliation with Asset Resolution Services Inc. The combination of services is intended to streamline the loan modification, asset protection, foreclosure defense and short-sale negotiation services of the two entities.

• Asset Resolution staff members will now act as legal representatives of the law firm for matters of mortgage loan modifications, deed-in-lieu services and real property short-sale negotiations. Clients of Asset Resolution will also have direct referral access to the attorney’s legal staff for financial protection planning, foreclosure defense, bankruptcy and related legal representation.(1)

For more, see Law firm expands distressed real property consumer services.

Go here and Go here for posts on the potential perils relating to attorneys and non-attorney loan modification firms joining forces to provide foreclosure-related rescue services.

(1) The Florida Bar recently issued this Ethics Alert in which it responded to numerous calls from lawyers regarding the formation of joint business endeavors with nonlawyers to provide loan modifications, short sales, and other foreclosure-related rescue services on behalf of distressed homeowners. The State Bar of California's Committee on Professional Responsibility and Conduct has also issued their own Ethics Alert regarding the interaction between attorneys and non-attorneys in joint business endeavors when providing loan modifications and other foreclosure-related rescue services. UnauthPractOfLawTheta