The client insured a mortgage on a premises, after which the seller (and current occupant) of the premises claimed that the borrower (and the insured) defrauded her by means of a fraudulent mortgage rescue scheme.
The seller alleged that $128,000.00 of the purchase price was unaccounted for, and otherwise owed to her. The client retained Adam Leitman Bailey, P.C. to protect the interests of the insured.
Within a matter of days, Adam Leitman Bailey, P.C. pieced together all the transactions and closing costs, and obtained copies of the actual checks distributed at the closing, in order to irrefutably prove that 99% of the purchase price was, in fact, properly allocated. Adam Leitman Bailey P.C. further revealed, through due diligence, that the alleged innocent victim of fraud was, in actuality, fully aware of the ramifications of the apparent scheme.
Adam Leitman Bailey, P.C. prepared ironclad opposition papers, in fighting to lift the stay on the pending foreclosure of the premises, and the Court unequivocally ruled in favor of the insured, who was then permitted to move forward with its foreclosure. Adam Leitman Bailey, P.C. successfully concluded the claim, after arguing and prevailing on only one motion, with the best possible result and at the lowest possible cost.