What is Fraud and Recovery? Forum

[Anonymous User]

Considering moving down to FL and one of the firms has a fraud and recovery practice. Is that just insurance law? I couldn’t find anything that specific about the practice.

Any info is helpful.

[minnbills]

probably a lot of fraudulent transfer litigation, bankruptcy litigation, and collections type work.

[Anonymous User]

probably a lot of fraudulent transfer litigation, bankruptcy litigation, and collections type work.

Thanks!

[deadpanic]

probably a lot of fraudulent transfer litigation, bankruptcy litigation, and collections type work.

Thanks!

I think this is probably right. Especially it being FL, will likely be a lot of fraudulent conveyance stuff for real estate. They kind of all overlap a bit.

You will also do a lot of replevins for finance companies, i.e. suing for possession and $ for a vehicle (most likely in a small claims court). This is all sort of plaintiffs' collections-type work, so it will likely be high volume and heavy on contingency over billable hours.

Not exactly high-end work, but I think there are some reputable firms down there that do this as a loss-leader for their banking & finance clients.

[Anonymous User]

probably a lot of fraudulent transfer litigation, bankruptcy litigation, and collections type work.

Thanks!

I think this is probably right. Especially it being FL, will likely be a lot of fraudulent conveyance stuff for real estate. They kind of all overlap a bit.

You will also do a lot of replevins for finance companies, i.e. suing for possession and $ for a vehicle (most likely in a small claims court). This is all sort of plaintiffs' collections-type work, so it will likely be high volume and heavy on contingency over billable hours.

Not exactly high-end work, but I think there are some reputable firms down there that do this as a loss-leader for their banking & finance clients.

Thanks for the info!

The firm pays 160k, so the hours must be very high.

[tyroneslothrop1]

If the firm pays 160K, I doubt it is collections work. More likely it is some type qui tam practice. I don't practice in the area but think of recovering for millions of dollars of fraudulent medicare payments, that sort of thing.

[minnbills]

Could also be unwinding ponzi schemes