Niche Lawyers Spawned Foreclosure Fracas

Most homeowners who are foreclosed on do not hire an attorney to defend them based on the fact that they do not believe they have a valid defense to the lawsuit filed against them since they have in fact failed to make payments. Enter the foreclosure defense attorney, a specialty in the law that has now developed into a lucrative area of the law for many attorneys who are capitalizing on the flaws uncovered within many of the lenders who are now foreclosing on homeowners. This article from the Wall Street Journal discusses the development of this legal defense for homeowners and the likely outcome for most based on these legal tactics. Read more

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