Two local charities reap thousands from foreclosure-mill king case

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Two local charities reap thousands from foreclosure-mill king case

Two local charities reap thousands from foreclosure-mill king case

Palm Beach Post-

The Legal Aid Society of Palm Beach County and two homeless assistance agencies are the surprise beneficiaries of a successful lawsuit against a notorious South Florida foreclosure attorney, who was later disbarred.

As part of a rare legal procedure, Palm Beach County Circuit Judge Cymonie Rowe on Tuesday agreed that roughly $240,000 could be distributed immediately to the charities after lawyers who sued disgraced attorney David Stern reported that efforts to find all 1,150 of his victims had stalled.

Nearly 900 people who were part of a 2007 class-action lawsuit received payouts of between $600 and $3,500 from the roughly $1.2 million recovered from the lawsuit, said attorney Louis Silber, who filed two successful lawsuits against Stern. But, he said, about 250 of Stern’s victims remain elusive despite intensive years-long efforts to find them.

[PALM BEACH POST]

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