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Butler & Hosch Acquires Assets from Former Prommis Subsidiaries

""Butler & Hosch, P.A."":http://www.butlerandhosch.com/, a multistate law firm focused on the legal needs of the mortgage banking industry, purchased the majority of assets from three former subsidiaries of Prommis Solutions, which filed for ""bankruptcy"":http://www.dsnews.com/articles/prommis-holdings-files-for-chapter-11-bankruptcy-2013-03-19 in March.

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As of the of the end of May, the majority of assets from Cal-Western Reconveyance Corporation were transferred to Butler & Hosch. The California-based company was also named as a new corporate entity--Cal-Western Reconveyance LLC.

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In a release, the firm assured clients little change should be expected as a result of the transfer, with Cal-Western Reconveyance LLC retaining all of the professionals from the former corporation, along with all of the operating systems, records, and intellectual assets.

Cal-Western Reconveyance, which serves as one of the largest trustee companies in the nation, will continue with providing non-judicial foreclosure services to clients.

""With this acquisition, Butler & Hosch will be able to provide quality legal representation from Florida to Texas to California,"" said partner Bob Hosch. ""We are excited about moving this iconic brand forward as the 'best in class' west coast trustee.""

In addition, the majority of assets held by former Prommis companies Reliable Posting & Publishing and Interface Corporation were also transferred to Butler & Hosch.

As part of the transition, Reliable Posting & Publishing was renamed DefaultLink Post & Publication Company LLC, while Interface Corporation was named iMail LLC. As is the case with Cal-Western Reconveyance, the firm retained all of former professionals associated with the two companies, so little change should be expected.

About Author: Esther Cho

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