Reconvayence not done - Posted by Nelson

Posted by Chi Ming on June 26, 2009 at 19:09:20:

Did a refi and a paid off lender not had filed a reconveyence. I had the payoff letter and statement, so Title took care of it for me.

You get legal fees at the end, if the judge finds in your favor and awards them. Up front costs are your problem until then. Attorneys usually only take contingency cases for a % of the expected award and only if that is more than they would get with hourly billing.

Reconvayence not done - Posted by Nelson

Posted by Nelson on June 13, 2009 at 09:56:56:

I borrowed $8000 secured by a deed of trust and paid back $11,000. Later when I tried to refinance I learned that no reconvayence had ever been recorded. I sued and have paid my lawyer over $30,000 in legal fees. Court date is a month away and defendant wants to settle for $5000 not including legal fees. My lawyer wants to drop me before we get to court because I still owe him some recent fees. I am tapped out. He says he did not take case on a contingency basis, wants $15,000 to finish case. I thought that prevailing party got legal fees based on Civil Code 1717. What are my options? I need good advice. Thanks!!