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Disclaimer: I am not a lawyer. I am
only publishing my interpretation of my situation. You should seek your
own legal representation for your own particular
situation. Do not rely on my
opinions or statements for your own purposes as state
and local law varies as do individual circumstances.
As all of you know, I am facing some pretty tough
financial times due to some real estate deals that have turned
upside down. Of four properties, three will not even sell for
half price. On top of that, those three properties will not even
rent for anywhere near what is needed to cover the existing
mortgages. As such, I have decided that I can no longer carry
this debt. These three are going back to the banks in
foreclosure. Along with that comes a lot of collection calls and
legal bills. This page is a running tally of my legal bills in
regards to my foreclosure and bankruptcy (if it comes to that -
which I think my lawyer is pushing). This should give you a feel
for how much money legal bills can run a person. Please keep in
mind that these bills are for Escambia County Florida and only
for the legal bills charged by my own personal lawyer. The legal
bills noted on this page do not reflect fees charged by
plaintiff lawyers or court charges or such. Legal expenses vary
greatly by location and attorney... but you'll get an idea at
least of the money involved. I first started incurring billable
hours from my lawyer in April of 2008.
|
| Date |
Hours |
Rate |
Amount |
Description |
| 07/01/08 |
1.80 |
$162.50 |
$292.50 |
Foreclosure review and
paperwork for three properties (04/10/08-06/10/08).
|
| 09/07/08 |
4.10 |
$225.00 |
$832.24 |
Foreclosure reviews and
paperwork mainly for the main house.
Small Claims Court work for unpaid condo association
dues. |
| 11/01/08 |
|
$225.00 |
$90.00 |
Foreclosure work |
| 11/17/08 |
0.90 |
$225.00 |
202.50 |
Foreclosure work
including receipt and review of affidavit of amounts due
from mortgage companies and representation at Summary
Judgment Hearing for condo going into foreclosure |
| 11/24/08 |
0.30 |
$225.00 |
$67.50 |
Foreclosure details for
13555 Perdido Key Drive Unit 3C (This foreclosure sale
was later cancelled by Wells Fargo). |
| TOTALS: |
5.9 |
|
$1,484.74 |
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I will update
this page as I receive more bills. Even though I am
substantially in debt and do not have enough to pay all of my
bills, paying my lawyer has become one of my priorities as I make
my way through these murky waters. Throw me an oar or a comment
if you get a chance.
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~Noah
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Noah's Foreclosures
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