jgibson2400
Junior Member
What is the name of your state (only U.S. law)? Florida
I am considering a lawyer to help with a foreclosure case. They have language in the agreement that says the following:
• Contingencies:
o In the event an adverse judgment is entered or a settlement is reached, the amount of which is less than that demanded, twenty percent (20%) of the difference between either the judgment or settlement and the total demanded in the foreclosure action.
o In the event the foreclosure action is concluded by dismissal or judgment denying foreclosure, ten percent (10%) of the total demanded.
If the best they can do is to get the mortgage company to waive seeking a deficiency judgment would would that trigger one of those contingencies?
I am considering a lawyer to help with a foreclosure case. They have language in the agreement that says the following:
• Contingencies:
o In the event an adverse judgment is entered or a settlement is reached, the amount of which is less than that demanded, twenty percent (20%) of the difference between either the judgment or settlement and the total demanded in the foreclosure action.
o In the event the foreclosure action is concluded by dismissal or judgment denying foreclosure, ten percent (10%) of the total demanded.
If the best they can do is to get the mortgage company to waive seeking a deficiency judgment would would that trigger one of those contingencies?