The Romspen Foreclosure Against Caroline Weiss Stalls Out In Miami As The Court Reopens the Case. Judge Refers The Case To Mediation.
Caroline Weiss is one lucky and crazy octogenarian. The Romspen foreclosure of Weiss’s 7 At Blue Lagoon properties and her private home has stalled out. It appears Weiss’ attorney may have even saved the properties from the jaws of foreclosure.
Weiss’s good fortune is bad news for the financially strapped Canadian lender. Romspen is in serious financial trouble. The company is holding over $1.5 Billion in non-performing loans. Word on Wall Street and Toronto is that Romspen may not survive to see 2026.
In July 2024, the 11th Circuit Court in Miami ruled in favor of Romspen in their foreclosure lawsuit against Weiss. However, Romspen’s victory was short lived. Judge Thomas Rebull reopened the case due to a serious flaw in Romspen’s foreclosure complaint.
Weiss’ attorney argued that the foreclosure litigation was invalid because language in the mortgage documents say both sides agreed to binding arbitration in the event of a dispute.
It also appears Romspen’s lawyers knew about the arbitration clause but chose to ignore it. Romspen initiated the foreclosure action anyway hoping no one would notice. Thus, they could get their hands on the 7 At Blue Lagoon properties faster. The plan was then to flip the parcels at a sizeable markup to pay Romspen’s enormous debt load.
Unfortunately for Romspen, Weiss’s attorney and the court discovered Romspen desperate ruse in January before it was too late. Rebull reversed the judgment and referred the dispute to mediation.
Check Out These Government Websites If You Feel You Are A Victim Of Investment Fraud By Romspen:
How To File A Complaint In Canada:
Contact The Canadian Investment Regulatory Organization (CIRO) At 1.877.442.4322 For More Information. You Can Also Email Them At complaints@mfda.ca
If That Doesn’t Work, Contact Finance Minister Dominic LeBlanc:
You Can Also Contact His Office On Parliament Hill At 613-992-1020 Or His Office At His New Brunswick Office at 506-533-5700.
If All Else Fails, Contact Opposition Leader Pierre Poilievre’s Office In Ottawa:
Email: Pierre.Poilievre@parl.gc.ca
Call His Office At 613.992.2772 (Parliament Hill) or 613.692.3331.
If You Are An American Citizen. You Can Also Contact These Federal Agencies:
You Can File A Complaint With The Securities And Exchange Commission By Clicking Here.
Also, You Can File A Complaint With The Federal Trade Commission By Clicking Here
In Addition, You Can File A Complaint With FINRA By Clicking Here
Also, Check Out These Other Articles About Romspen On RomspenRipoff.com:
Wesley Roitman Looks Worried! Is He Going To Prison?
Wesley Roitman Admits Romspen Future Is Uncertain
Romspen Busted Conspiring With Disbarred Attorney Mark Stopa
Are Romspen Investor Fraud Victims Entitled To Compensation?
Romspen Fixer Christian Poland Faces Multiple Bar Complaints
Romspen Investment Corporation Reviews
Elderly Romspen Investors Forced To Eat Cat Food
Will Romspen Be Investigated By Florida OFR?
Agence du Revenu du Québec Raids Romspen Headquarters
Romspen Lawyers Are Stuck In The Mud In Multiple Lawsuits
Romspen Financial Colonoscopy: Is It Really Going To Happen?
Another Justin Trudeau Scandal? Is PM Too Cozy With Romspen?
Miami Fraudster Caroline Weiss Stiffs Lawyer Out Of $1.64 Million
Romspen Is Scamming Grandma And Grandpa
The Deceptive Romspen Loan-To-Own Toxic Financing Scam
Romspen Just Got Spanked By The Florida 3rd DCA
Will A Romspen Super Lawyer Cost Romspen $21 Million?
Romspen Gave 3 Stoners $54 Million
Toronto-Based Romspen Threw In The Towel On Uphill Foreclosure Fight
Romspen Investors Are Mad As Hell And Want Their Money
Canadian Commercial Lender Romspen Withholds Partial Redemption Payments
Toronto Based Romspen Investment Corp. Sues Fake Real Estate Tycoon
Miami Developer Caroline Weiss Accused Of Multiple Counts Of Fraud
