After Nearly 35 Years in Business, Mortgage Law Firm Butler & Hosch Closes Down

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After Nearly 35 Years in Business, Mortgage Law Firm Butler & Hosch Closes Down

Mortgage banking industry law firm Butler & Hosch, P.A. filed an Assignment for the Benefit of Creditors to Florida law firm Michael E. Moecker & Associates, an action analogous to Chapter 7 bankruptcy.

Butler & Hosch closed their doors this week and laid off the entire staff. It will not open on Monday.

“It is with great sadness that I report to all of you regarding the difficult financial status of Butler & Hosch and its affiliates[1] (“BH”) which has resulted in the filing of the state court Assignments for the Benefit of Creditors (“ABC”). I have voluntarily stepped down as CEO and Senior Partner of BH. The control of the BH companies has been voluntarily placed in the hands of an experienced third-party fiduciary, Mr. Michael Moecker.”

“How does the filing of these ABC’s cases impact you? Though Mr. Moecker has complete access to our assets, he will not have sufficient cash on hand to fund payroll at the end of this week. Without BH employees and attorneys there is no ongoing operation. BH cannot continue to function. To be clear, while I continue to hold out hope that our existing lender and/or strategic partners may provide an infusion of cash today, without it, BH will have no choice but to close its doors immediately.”

Rest here…

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4closureFraud.org

Comments
2 Responses to “After Nearly 35 Years in Business, Mortgage Law Firm Butler & Hosch Closes Down”
  1. Danelle Hills says:

    Seems to me that IF all these writings about the lenders and trusts mortgage fraud are true ( and I am still educating myself on the subject after over four years of reading and research), that it would be much easier to find a knowledgeable foreclosure defense lawyer, even in the nonjudicial foreclosure states such as mine (North Carolina). And it also seems to me that SURELY our government, Federal AND states, would put a 100% MORATORIUM on ANY AND ALL foreclosures until the mess can be straightened out. Instead it looks like RICO collusion, top to bottom, vertically and horizontally, across the entire housing, mortgage, and real estate industries, with the judiciary seeming to be complicit in it too. And all of these players in it seem to think that to carry on as usual will not hurt the economy or our citizens, or there is an attitude of “it’s not my problem”. What can be done? What can the poor layman do?

  2. BOBBI SWANN says:

    Oh…..my heart bleeds for the thieves! KARMA…KARMA

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