Mark Stopa’s Former Law Firm, Stay In My Home PA Officially Files For Chapter 7 Bankruptcy

Stay In My Home PAStay In My Home PA  is officially bankrupt. The former law firm of Florida foreclosure defense attorney Mark Stopa declared Chapter 7 bankruptcy Tuesday.

The petition by Stay In My Home PA estimates the number of people and businesses owed money by the firm to be between 1,000 and 5,000. It includes the names and addresses of hundreds of individuals from all over Florida. Most of these individuals appear to be homeowners who had hired Stopa’s firm to keep them from foreclosure.

The petition estimates the firm’s assets at $50,000 to $100,000. The petition also states that its liabilities are between $100,000 and $500,000.

The Chapter 7 bankruptcy filing for Stay In My Home PA means the firm is liquidating any and all assets.

Attorney Richard Mockler took over Stopa’s practice in July and signed the petition. He wrote several creditors:

I had high hopes for success. But, I had no idea of the quantum and degree of liability and other problems associated with the law firm.

Mockler also wrote a warning in a foreclosure filing that a bankruptcy filing was imminent.

Did Mark Stopa Con Richard Mockler to Buy Stay In My Home PA?

Stay In My Home PAMockler took over Stopa’s law practice and its 4,000 pending cases prior to Stopa’s second suspension hearing in the middle of July.

However, Stopa knew the firm was in trouble and that he was under criminal investigation. Yet, it appears he neglected to tell Mockler about the criminal investigation.

Mockler told the Tampa Bay Times:

At that point, there was no reason to think (the practice) wasn’t salvageable.

Mark Stopa’s law license was suspended two weeks after Mockler bought the firm. Three weeks after that, The Florida Department of Law Enforcement raided the office

Consequently, Mockler had to deal with bank accounts being frozen and attorneys jumping ship. As a result, of the FDLE raid. Bankruptcy was inevitable.

Mockler also told the Tampa Bay Times recently that taking over Stopa’s practice “has ruined my life.’’

Stay in My Home, P.A. formerly known as Stopa Law Firm is being represented in the bankruptcy case by Tampa lawyer Scott Stichter.

FDLE agents also stated in an application for a warrant to search the law offices that Stopa was under criminal investigation for alleged equity skimming. Equity skimming is a form of mortgage fraud.

Also, read:

Lawyer Mark Stopa Allegedly Made Millions On Equity Skimming Scam

The Tantrums And Tiaras Of Attorney Mark Stopa

Judge Recommends Foreclosure Defense Lawyer Mark Stopa Get 1-Year Suspension And Mental Health Counseling

Florida Bar Presents New Evidence Of Mark Stopa Wrongdoing

Florida Supreme Court Puts Mark Stopa Suspension Into Effect Immediately

Mark Stopa Law Firm Imploding Into Chaos! Bankruptcy Imminent!

 

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