We have been advised to sue a lawyer who gave us "very bad advice". We need free consultation.
The attorney we had at that time told us "not to worry they would not come after us, they would write it off". (This was a loan that BB&T obtained when Colonial Bank went under.) He also had us transfer properties out of my husband's name into an LLC in my name. Well, BB&T did come after him, and also accrued penalties and interest all this time without informing us, going from $68,000.00 to$ 96,000.00. We have now lost what we left of any retirement. Our attorney on this present case is the one who said we need to sue. He also said "sharks don't like to eat sharks"
3 attorney answers
Some sharks eat other sharks. There is a lot of detail that would need to be considered. We offer free consults. Also, BB&T, historically, regularly pursues post-foreclosure deficiency actions.
What would have done differently in 2015? Anyway, the statute of limitation is for suing an attorney is two years and you are likely will be on that time period. Also you would need to find an attorney that would take the case on a contingency basis and the damages are so small here that isn’t likely.
I used to post extensively warning people about deficiency claims, and not to allow judgments to be entered against them unless potential deficiency claims were waived. One example is here:
There have been some changes in Florida laws since then, but there is still a right to pursue a deficiency for one year after the case ends. Unfortunately, there are attorneys who do not understand this. However, if your attorney advised you that your husband should transfer his assets to you, you don’t explain what became of that situation, nor should you publicly. You should locally explore which attorneys who might take cases against other attorneys. Referring to those you’re asking for help as “sharks” is not the world’s best idea.
Please note that the above is not intended as legal advice, it is for educational purposes only. No attorney-client relationship is created or is intended to be created hereby. You should contact a local attorney to discuss and to obtain legal advice.