Housing Purchase
A lender is requiring a letter from attorney stating no items in the buyer's husband's bankruptcy will adversely effect subject property based on community property law in CA
Is there a good chance an attorney will provide that statement?
Re: Housing Purchase
Providing opinion letters is one of the things attorneys do. It's part of the job, just as doctors may be called upon to prognosticate on the chances that an organ transplant is viable and worth the cost and pain.
However, don't expect just any old lawyer to dash off an opinion letter based upon somebody's say-so about the facts of the matter. No sane attorney will risk her or his license and malpractice insurability on taking a guess. Opinion letters are written after careful review of the entire file. Thousands of dollars in fees, to be sure.
After all of this, the lawyer's opinion letter may be negative or highly qualified. Opinion-letter writing is not white-collar prostitution where if you pay the price you can demand the result.
Re: Housing Purchase
Providing opinion letters is one of the things attorneys do. It's part of the job, just as doctors may be called upon to prognosticate on the chances that an organ transplant is viable and worth the cost and pain.
However, don't expect just any old lawyer to dash off an opinion letter based upon somebody's say-so about the facts of the matter. No sane attorney will risk her or his license and malpractice insurability on taking a guess. Opinion letters are written after careful review of the entire file. Thousands of dollars in fees, to be sure.
After all of this, the lawyer's opinion letter may be negative or highly qualified. Opinion-letter writing is not white-collar prostitution where if you pay the price you can demand the result.
Re: Housing Purchase
Providing opinion letters is one of the things attorneys do. It's part of the job, just as doctors may be called upon to prognosticate on the chances that an organ transplant is viable and worth the cost and pain.
However, don't expect just any old lawyer to dash off an opinion letter based upon somebody's say-so about the facts of the matter. No sane attorney will risk her or his license and malpractice insurability on taking a guess. Opinion letters are written after careful review of the entire file. Thousands of dollars in fees, to be sure.
After all of this, the lawyer's opinion letter may be negative or highly qualified. Opinion-letter writing is not white-collar prostitution where if you pay the price you can demand the result.
