Relevant:
- FOR THE IMMEDIATE CONSIDERATION OF ATTORNEYS IN CALIFORNIA
- A Bill in California Will Establish That Lawyers Cannot Be Trusted
- Gov. Schwarzenegger Does the Right Thing: Signs SB 94 and Vetoes AB 764
- Lending Industry Attacks California Homeowner's Rights to Legal Representation
- banks continue to foreclose on those seeking loan modifications
2009-07-05 — ml-implode.com
``California Senate Bill 94, originally intended to protect distressed homeowners by preventing non-attorneys from charging upfront fees for helping homeowners obtain loan modifications, has been expanded to prevent attorneys from accepting a retainer in advance when representing a client seeking a loan modification. According to an informed source inside the California Assembly’s Committee on Banking and Finance, the expansion of the bill to include attorneys was demanded by Governor Schwarzenegger’s administration.''
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