"Legal Cowboy" at Fish Law Group Wins Showdowns with Banks, Helps Homeowners Avoid Foreclosure
In the current Wild West economy, high unemployment, lower wages, and falling home prices aren’t the only things that have homeowners running scared. There’s also the threat of their properties being repossessed by greedy bank barons. Darren Fish, a Chicago-based attorney better known as the “legal cowboy,” and his firm have allowed nine out of 10 foreclosure-facing clients to stay in their homes.
Chicago, IL, October 17, 2011 --(PR.com)-- Consider that foreclosure filings in Illinois spiked 18 percent from July to August, when the rate was 12,493; the most recent data available, according to RealtyTrac; by the end of the year, it is expected that more than 100,000 foreclosures will have been filed in 2011 alone.
Darren Fish decided to specialize in foreclosure fighting back in 2006, when he was brought aboard a case involving two senior citizens who lost their Joliet home to foreclosure, primarily due to medical circumstances that created a financial hardship.
“Here was an 86-year-old former school principal who went blind and lost his legs to diabetes. His bank essentially stole this home from him, a place he and his wife lived in for 47 years, even though he attempted to make his mortgage payments,” said Fish. “The lender refused to negotiate, and they lost their property. From that day forward, I took an oath to the Almighty that I would fight these banks for the rest of my life and extract a billion dollars from them as justice for this $300,000 home they repossessed," said Fish.
Fish soon learned that there were no attorneys who fought foreclosures in Illinois. What’s more, law schools only taught that homeowners merely had four options when facing foreclosure: modification, short sale, bankruptcy (to stall), and deed in lieu. Networking with other pioneering attorneys in other states, Fish learned the ins and outs of the mortgage securitization process and explored creative legal ways to aggressively fend off foreclosures. He began taking on cases deemed “hopeless” by fellow lawyers and training others in the law profession in his tactics.
“Most of these homeowners have wiped out their savings and used up every last dime they’ve got to simply keep their properties, so they can’t afford an attorney’s hourly rate. Instead, I set up a flat rate monthly payment arrangement that would allow clients to afford my services,” said Fish, who noted that he typically charges less for his services than a client would otherwise pay for rent after being thrown out of their home.
Over the past five years, Fish’s practice has represented more than 450 state and federal foreclosure clients, representing 70 percent of his firm’s caseload. Fish Law Group also includes 12 attorneys on staff.
“There are successful alternatives for everyday people at risk of being foreclosed on,” he said. “My message is, don’t give up. Fight back, and stay in your home. Take the fight to the lenders and trust in a reliable professional who’s going to best represent your interests.”
The Fish Law Group LLC has offices in Chicago at 2821 N Halsted St., in Rosemont at 5600 N. River Rd. (suite 800), and in Hinsdale at 15 Spinning Wheel Rd. For more information, phone (855) FISH-LAW (347-4529) or visit www.fishlawgroup.com.
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Darren Fish decided to specialize in foreclosure fighting back in 2006, when he was brought aboard a case involving two senior citizens who lost their Joliet home to foreclosure, primarily due to medical circumstances that created a financial hardship.
“Here was an 86-year-old former school principal who went blind and lost his legs to diabetes. His bank essentially stole this home from him, a place he and his wife lived in for 47 years, even though he attempted to make his mortgage payments,” said Fish. “The lender refused to negotiate, and they lost their property. From that day forward, I took an oath to the Almighty that I would fight these banks for the rest of my life and extract a billion dollars from them as justice for this $300,000 home they repossessed," said Fish.
Fish soon learned that there were no attorneys who fought foreclosures in Illinois. What’s more, law schools only taught that homeowners merely had four options when facing foreclosure: modification, short sale, bankruptcy (to stall), and deed in lieu. Networking with other pioneering attorneys in other states, Fish learned the ins and outs of the mortgage securitization process and explored creative legal ways to aggressively fend off foreclosures. He began taking on cases deemed “hopeless” by fellow lawyers and training others in the law profession in his tactics.
“Most of these homeowners have wiped out their savings and used up every last dime they’ve got to simply keep their properties, so they can’t afford an attorney’s hourly rate. Instead, I set up a flat rate monthly payment arrangement that would allow clients to afford my services,” said Fish, who noted that he typically charges less for his services than a client would otherwise pay for rent after being thrown out of their home.
Over the past five years, Fish’s practice has represented more than 450 state and federal foreclosure clients, representing 70 percent of his firm’s caseload. Fish Law Group also includes 12 attorneys on staff.
“There are successful alternatives for everyday people at risk of being foreclosed on,” he said. “My message is, don’t give up. Fight back, and stay in your home. Take the fight to the lenders and trust in a reliable professional who’s going to best represent your interests.”
The Fish Law Group LLC has offices in Chicago at 2821 N Halsted St., in Rosemont at 5600 N. River Rd. (suite 800), and in Hinsdale at 15 Spinning Wheel Rd. For more information, phone (855) FISH-LAW (347-4529) or visit www.fishlawgroup.com.
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Fish Law Group
Lynn Walsh
630-323-7200
Lynn Walsh
630-323-7200
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