As of January 1, 2010 Florida began requiring companies to be licensed in order to do home loan modifications. The only exemption to this is Florida licensed attorney does not need the additional license to represent Florida based client in home loan modification. This law is directed at the dozens, if not hundreds of loan modification shops that have sprung up in recent times that do little more than take the clients money and say "sorry we tried." In 2009 the Attorney General of Florida filed 17 civil lawsuits on behalf of consumers for loan modification fraud! As attorney's we are held to higher standard of ethics and professionalism than private individuals or companies. In addition we have the ability to offer clients many more options through the legal system than non-attorney's do. For example, Attorney's can offer foreclosure defense, consumer bankruptcy, and other options designed to protect the homestead.
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