The Real Deal Miami

Boynton Beach attorney suspended for violating loan modification rules

March 28, 2013 11:00AM

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A Boynton Beach attorney was suspended after an investigation by the Florida Bar Association found he violated loan modification and foreclosure defense rules, the Palm Beach Post reported.

The Florida Supreme Court approved the Florida Bar’s recommendation to suspend Richard Meyer, 47, earlier this month, the Post said.

Meyer took on loan modification services clients after a Florida law was passed in 2008 prohibiting them from charging upfront fees. Attorneys are exempt under the law. However, in his work for Transamerica Financial Group and L&D Enterprises, he allegedly practiced law in states where he was not authorized to do so, the paper said. However, he refunded money to clients and cooperated fully with the investigation, the Florida Bar noted. [Palm Beach Post] –Guelda Voien

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