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Showing posts from October, 2018

Stay In My Home PA Bankruptcy Creates Mess For Thousands Of People

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Bankruptcy Of Mark Stopa’s Former Firm, Stay In My Home PA Creates Mess For Thousands Of Former Clients There good news and bad news for former clients of Mark Stopa’s former law firm, Stay In My Home PA. Here’s the good news. The bankruptcy judge has ordered a temporary halt to all court proceedings for Stopa’s former clients. This includes all circuit court and appellate court actions that Stopa and his former firm are the counsel of record. The bankruptcy court overseeing the bankruptcy of Stay In My Home PA issued the emergency order effective until November 6th. This could give hundreds of Florida homeowners a temporary respite from the threat of foreclosure. Stay in My Home PA filed a petition for a Chapter 7 bankruptcy liquidation on October 2nd. Bankruptcy Trustee Meininger filed the emergency motion. He stated it has been challenging to identify the cases because paper records are incomplete. In addition, Meininger is unable to access Stay In My Home PA’s ...

Florida Foreclosure Mills Got Bailed Out By The Florida Supreme Court

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The Florida Supreme Court’s Bartram Decision Was Nothing More Than A Bailout For Florida Foreclosure Mills Homeowners began beating Florida foreclosure mills about five years ago. Thus, they were able to keep their home mortgage-free. However, they were winning because of some dramatic court showdown reminiscent of  Roe v.  Wade or  Brown v. Board of Education. The argument was a pretty simple one and it started an avalanche of homeowner victories across Florida. Florida foreclosure mills and Florida courts had a backlog of foreclosure cases because of the financial crisis. It also didn’t help that David Stern’s office went belly up. The mismanagement of foreclosures cases handled by foreclosure mills was common throughout Florida. Then one day a foreclosure defense attorney had an idea. He argued that lenders were only allowed to file a foreclosure case against a homeowner within five years of sending them a letter of acceleration letter. The la...

Stay In My Home PA Files Bankruptcy Amid Mark Stopa Legal Troubles

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Mark Stopa’s Former Law Firm, Stay In My Home PA Officially Files For Chapter 7 Bankruptcy Stay In My Home PA  is officially bankrupt. The former law firm of Florida foreclosure defense attorney Mark Stopa declared Chapter 7 bankruptcy Tuesday. The petition by Stay In My Home PA estimates the number of people and businesses owed money by the firm to be between 1,000 and 5,000. It includes the names and addresses of hundreds of individuals from all over Florida. Most of these individuals appear to be homeowners who had hired Stopa’s firm to keep them from foreclosure. The petition estimates the firm’s assets at $50,000 to $100,000. The petition also states that its liabilities are between $100,000 and $500,000. The Chapter 7 bankruptcy filing for Stay In My Home PA means the firm is liquidating any and all assets. Attorney Richard Mockler took over Stopa’s practice in July and signed the petition. He wrote several creditors: I had high hopes for success. But, I had no...