The Florida Bar has cleared foreclosure defense attorney Peter Ticktin, who was under investigation for asking clients to sign contingency agreements giving up equity in their homes if he won their foreclosure cases.
The Bar launched an investigation of Ticktin in November 2009 after the New York Times reported his Deerfield Beach-based firm, the Ticktin Law Group, was obtaining second mortgages as payment from homeowners fighting foreclosure lawsuits. Ticktin said about 2,300 foreclosure clients have signed the same contingency agreements with him.
