Sliding Backwards: An Attorney Takes A Bad Turn
It was a usual morning for David as he walked to his favorite coffee shop to get a latte and pastry. David was a Cincinnati criminal defense attorney pursuing his dream of fame as a legal wizard. David was three years out of law school and already he was developing a respectable reputation. He bought a nice home, a nice BMW, hand tailored suits, a pleasure boat and a country club membership. He was specializing in the high end white collar clients. David felt 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 contractor and developer creating residentitual properties throughout the region. What the contractor wasn’t doing was taking care of his financial obligations. He was also taking money that that belonged 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 contractor had turned his business into a ponzi scheme. When the bottom fell out, the plan collapsed. Hundreds of people had their homes foreclosed. The builder came under fire and, aware of his offenses, prepared for bankruptcy. His first task was to purchase a mansion in Florida since the home would be protected under Florida’s bankruptcy laws.
When word got out that this man had bought a home safe from creditors while hundreds of people watched their house fall victim to liens and foreclosure the the businessman became the profile of evil, greed and avarice. David, the contractors lawyer became the public face of this man. The publicity was so negative that David needed security coming into the court room. There were restaurants he could no longer go to since the owner lost a house or knew someone who did. His own personal life began to suffer under the media assault as he began to drink a heavily every night.
Over the course of several months while getting ready for trial, David began to feel the pain of all the victims he deposed. Hundreds of families told their tales of how his behavior lost them their homes. David began to consume alchohol during lunch and never faced the contractor until he had a drink in him. The work was piling up and David was overwhelmed. He forgot about his bills and expenses and began missing payments. When the clients cash reserves where low he paid for services with property deeds that proved to be fraudulent.
Dave lost nearly everything including his reputation. After his client was put in jail, Dave began the long hard work of rebuilding his reputation. When the loans secured by the fraudulent property deeds became due, Dave felt his financial world fall apart. Dave began rebuilding his credit and had to move his practice to a city in Florida where no one knew his name.