A New Jersey real estate lawyer is liable for nearly $700,000, plus punitive damages and legal fees, for his role in a mortgage foreclosure rescue scam, a bankruptcy judge says. The ruling holding William Gahwyler Jr. jointly liable as a co-conspirator with his client is "the first New Jersey reported case on these mortgage foreclosure rescue schemes," says the plaintiffs lawyer, Gabriel Halpern. Gahwyler faces possible discipline as a result of the case.
January 28, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A Wyckoff , N.J., real estate lawyer is liable for nearly $700,000, plus punitive damages and legal fees, for his role in a mortgage foreclosure rescue scam, a bankruptcy judge says.
The Jan. 22 precedential ruling in O’Brien v. Cleveland, No. 08-1676, holding William Gahwyler Jr. jointly liable as a co-conspirator with his client, is “the first New Jersey reported case on these mortgage foreclosure rescue schemes,” says the plaintiffs lawyer, Gabriel Halpern.
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