BUSTED: Law Firm That Held Foreclosure Themed Halloween Party Is Shutting Down

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Three short weeks after its idiotic foreclosure-themed Halloween party became public when it was written up in The New York Times, law firm Steven J Baum is shutting down (via The Consumerist).

Apparently dressing up as homeless foreclosure victims and squatters, with decorations including blow-up foreclosed homes, is not cool. Seriously check out the pictures from Joe Nocera’s column.

Baum was also under fire for misleading foreclosure practices, which led to a $2 million fraud settlement, according to Buffalo Business First.

These complaints culminated in Fannie and Freddie cutting off business, a death blow for a firm specializing in foreclosures.

Check out 13 foreclosure horror stories >

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