Saturday, February 12, 2011

Chase Coughs Up The Cash, Dodges Possible Asset Seizure After Paying Homeowner's Legal Fees In Illegal Foreclosure Case

A recent Bloomberg story reported that JP Morgan Chase may have been facing an asset seizure for court-ordered legal fees owed to El Paso, Texas attorney Richard Roman for work he did in successfully representing a local homeowner who had her home foreclosed out from under her despite having a temporary restraining order in effect (see JPMorgan Faces Texas Sheriff in Showdown Over Eviction Case Fees).

In a follow-up to that story, El Paso Inc. reports:
  • On Friday, Roman was notified by the Sheriff’s Department that Chase – or someone – had paid his $5,000 fee by cashier’s check. “They sent it to the Sheriff’s Department, but we won’t get it for another three weeks,” he said.

For the El Paso Inc. story, which also reports on the background story that led to the local court ordering payment of the attorney fee, see Foreclosure nightmare (Homeowner fights big banks and eviction).