Friday, July 11, 2008

501.1377 Update - Attorney General Exempts Attorneys from 501.1377


The Attorney General has come through for Florida Homeowners wanting to defend against a residential foreclosure action, and has exempted attorneys who provide legal representation to homeowners facing foreclosure by declaring attorneys are not foreclosure rescue consultants, as defined in 501.1377. The action taken by the Attorney General's Office should provide the needed fix until the next legislative session where 501.1377 can be amended. Below is the Attorney General's Office statement released on July 10, 2008 - Pursuant to the Attorney General's authority under Section 501.1377(2)(b)2, Florida Statutes (2008) -- created by HB 643 -- General McCollum has approved for exclusion from the definition in that provision of a foreclosure rescue consultant, "a person licensed to practice law in this state, when such person provides legal representation to a client with respect to a foreclosure."

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