Prosper Law Corporation - Prosper Law Corporation
Prosper Law Corporation specializes in real estate law, securitization litigation, bankruptcy, foreclosure defense, loan workout negotiation, eviction disputes, and other matters of consumer protection. With a staff of six attorneys, Prosper Law Corporation boasts decades of combined experience in legal areas that have become especially relevant since the bursting of the U.S. housing bubble in 2008. As information has come to light about the abuses in mortgage securitization practiced between 2003 and 2007, Prosper Law Corporation has fought to ensure that its clients have a chance to contest foreclosures and other collection actions against them. In addition to negotiation and litigation, Prosper Law Corporation maintains a blog explaining relevant news stories to its clients.
One typical Prosper Law Corporation client had a mortgage with Wells Fargo, and staff attorneys settled with the financial firm to reduce the client’s loan principal by 43 percent, thus averting foreclosure. Another client filed a lawsuit worth more than $100 million against a major utility provider. Prosper Law Corporation Senior Partner Gordon Dickson successfully argued the client’s case at trial and throughout an appeals process that culminated in an appeal before the Supreme Court of California. In other cases, firm lawyers have argued before the Supreme Court of the United States.
One of the tenets of Prosper Law Corporation’s practice is that consumers and real estate professionals should not attempt to negotiate complex financial laws on their own. The firm recognizes that in today’s environment of foreclosures, short sales, and mortgage modifications, many real estate professionals are pressured into providing advice to clients they are not qualified to give. For that reason, Prosper Law Corporation reaches out to real estate professionals to alert them to the potential legal, financial, and professional impact their decisions might have.
Prosper Law Corporation formed five years ago and currently offers services to clients in California and Colorado. Staff attorneys at Prosper Law Corporation have experience defending consumers based on laws and rules overseen by the United States Department of Justice, the California Department of Real Estate, the Consumer Financial Protection Bureau, and the Federal Trade Commission.