Yankee23Fan
Fair Tax!
Pro bono rant:
I occasionally take on a foreclosure defendant pro bono, especially if the lender has a reputation for playing fast and loose. In late 2014, I take on a client who is a widow who is not obligated on the note, husband dropped dead at 55 with no estate plan or life insurance. I asked her what her goal was when we first met - she's not taking a credit hit no matter what. She says she wants to stay in the house long enough so that her daughter will graduate HS before they have to move. That's like a year and a half out, I tell her that's probably a long shot, but I'll review all their filings and exhibits and defend on what I can, expect another 9-12 months before you gotta move.
Sure enough, bigbank screws up its filings, twice. Once they had to outright dismiss, the other, they had to amend. Also, I got a court order that they had to negotiate with her - their CS has been refusing to talk to her since she's not a borrower. They rejected her offer to take over payments (not enough income), ok fine. Daughter graduated in June of 2016, at this point it's all gravy IMO. So in August of last year filings are in order and it looks like she'll be out when they file an MSJ or await a trial date. I talk to her about this - the end of the line is coming, we've done really well here.
Trial list comes out, we are on for February, I hear from lender - we don't want this house in the winter, will she take $2500 cash and we will let her stay until spring, pick a date in March or April. Reasonable by them, total win for her. I call her to tell her of this deal. Her reaction? "HOW WILL I MOVE MY THINGS OUT? I HAVE NO WAY TO MOVE AND NOWHERE TO GO! HOW CAN ANYONE THINK I CAN JUST UP AND LEAVE?"
I have almost the exact same client.
Way to lay it all out there man. But no, I think you have the crux of it right. Head down, do your work. The good thing is I never have to walk into a court room where I'm at. It's all patent prosecution. Although, if I do want to go big, I'll have to go into litigation.