Mark Stopa, the subject of a criminal investigation in Florida, saw his firm Stay In My Home file for bankruptcy.
Sedgwick isn’t the only law firm to file for bankruptcy this week.
Stay In My Home, P.A., the St. Petersburg, Florida-based firm of prominent foreclosure lawyer Mark Stopa, took the plunge by beginning Chapter 7 proceedings in Tampa on Oct. 2. Stopa was suspended indefinitely from practicing law this summer by the Florida Supreme Court, which found that he had violated professional conduct rules.
In late August, the Florida Department of Law Enforcement raided the offices of Stopa’s firm. State agents said Stopa was the subject of a criminal investigation into “equity skimming,” or essentially improperly acquiring client assets. The Tampa Bay Times, citing records subpoenaed by law enforcement officials, reported last week that Stopa had earned $4.8 million between Jan. 1, 2011 and April 1, 2018, via payments from individuals at properties controlled by his companies.
[LAW.COM]
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