A Florida law firm that specializes in default servicing, collections, bankruptcy, and other real estate issues is planning to lay off more than 150 employees and close down its title company unit.

According to a report from the Tampa Bay Business Journal, the Law Offices of Daniel C. Consuegra filed a Worker Adjustment and Retraining Notification letter with the state of Florida, indicating that it intended to lay off 154 employees.

The Tampa Bay Business Journal report also stated that the firm’s title company, Consuegra Title, will be closed and all of its 28 employees will be let go.

According to the law firm’s website, the firm is a “full-service creditors’ rights law firm representing mortgage bankers, servicers, vendors, loan companies and other credit extenders.”