Florida Supreme Court Case May Impact Homeowner Foreclosures Nationwide

The Florida Supreme Court heard arguments this month in a landmark lawsuit that could undo hundreds of thousands of foreclosures and open up banks to severe financial penalties.
 
May 18, 2012 - PRLog -- Contact
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Florida Supreme Court Case May Impact Homeowner Foreclosures Nationwide

The Florida Supreme Court heard arguments this month in a landmark lawsuit that could undo hundreds of thousands of foreclosures and open up banks to severe financial penalties. The case in review, Roman Pino v. Bank of New York Mellon, was part of the 2010 “robo-signing” scandal.

The court is deciding whether banks that used fraudulent documents to file foreclosure lawsuits can dismiss the cases and re-file them later with different paperwork. In other words, can a judge revive a dropped case when the plaintiff is suspected of fraud? Does a plaintiff’s right to drop a case trumps the court’s obligation to penalize for fraud?

The decision, which is expected later this year, could affect hundreds of thousands of homeowners in Florida, and could also influence judges in the other 26 states that require lawsuits in foreclosures.

It is imperative that homeowners and businesses facing foreclosure (http://www.kaliskleiman.com/Foreclosure) or that have been evicted from their home, seek sound legal advice and counsel. KALIS & KLEIMAN, P.A. are recognized and experienced Real Estate, Foreclosure Defense, and Commercial Litigation attorneys. Neal R. Kalis, M. Scott Kleiman and Olga Ruiz Baken pride themselves on not just being lawyers, but being lawyers and trusted counselors. The firm’s personal attention to its clients’ needs and desired results produces a customized approach that this firm delivers to each case. Neal and Scott are AV-rated, which indicates that an attorney has reached “the height of professional excellence” and is recognized for the “highest skill and integrity.” They have more than 50 years of combined experience, and they have participated in thousands of transactions, settlements and trials. KALIS & KLEIMAN will help you through the entire process in order to help you reach an outcome that is the most beneficial to your future. KALIS & KLEIMAN has earned a reputation of legal excellence and a history of successfully managing foreclosure cases.

The law firm of Kalis & Kleiman focuses on Commercial and Real Estate Law. The firm was founded in 1996 and is headquartered in Davie, Florida, at 7320 Griffin Road, Suite 109. Attorneys, Neal Kalis, M. Scott Kleiman and Olga Ruiz Baken can be contacted at 954.791.0477. Additional information about the law Firm of Kalis & Kleiman may be obtained from the firm's website at http://www.kaliskleiman.com or on Facebook at http://www.facebook.com/KALISKLEIMAN.
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