Falling Backwards: A Lawyer Takes A Bad Turn
Written on September 24, 2010 – 2:23 am | by Antony Clark
It was a usual morning for David as he walked to his favorite coffee shop to get his morning coffee. David was a Cincinnati criminal defense attorney pursuing his dream of becoming a legal legend. David had recently graduated from law school and already he was making a name for himself. He purchased an nice home, a nice BMW, good clothes, a pleasure boat and a country club membership. He was specializing in the high end white collar clients. David knew his future was bright with better things to come. He never dreamed he would need Cincinnati Credit Repair to fix his finances or a public relations firm to fix his reputation.
David took a client that would cost him everything he had. There was a builder and developer creating residentitual properties throughout the region. What he wasn’t doing was taking care of his financial obligations. He was also taking money that was supposed to be in escrow and using it to pay off vendors and live lavishly. He was able to stay ahead of the game as long as the market was hot. The developer had turned his business into a ponzi scheme. When the market got cold, the plan collapsed. Thousands of people had their homes foreclosed. T
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