Home Foreclosures: 8.10.5 Attorney Fees
Defendants often seek to “divide and conquer” by offering a settlement that does not include attorney fees, or includes an inadequate proposal for fees creating a conflict between the homeowner and the homeowner’s attorney. This can be a significant problem in foreclosure defense cases where a settlement offer from the defendant may simply provide for a modification of the loan (e.g., write down of principal and/or reduction of interest) without any cash payment.