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See Barnett Bank, N.A. Wells Fargo Bank, Nat’l Ass’n, 72 So. Bank Nat’l Ass’n v. Bank, 700 So. Traditionally, the appointment of a receiver was considered to be an extraordinary remedy, which must be exercised with caution as it is in derogation of the legal owner’s fundamental right to possession of the property.
At Law Offices of Alan M. Cohen LLC, our experienced commercialcollection attorneys have been helping businesses recover debt since 1994. Reach out to a knowledgeable lawfirm Although you can take many steps on your own to protect your business, certain situations require the help of a skilled commercialcollections lawyer.
Most commercial loan documents will include an acceleration clause, which is a clause that allows the lender to accelerate the total remaining amount due on the loan. Bank of America, N.A., Bank, N.A. See, e.g. , Flagship Bank of Orlando v. Bank of Montreal, 542 So. First Nat’l Bank & Tr., In First Fla.
The post A Proper Final Judgment of Foreclosure: Form 1.996(a) appeared first on Jimerson Birr LawFirm. Certification of Original Promissory Note is Required to Bring a Mortgage Foreclosure Action. Bringing a Residential Foreclosure Action? You Need a Verified Complaint.
Barnett Bank of Pensacola , 397 So. Id ; Marine Midland Bank-Central v. Marine Midland Bank-Central , 351 So. Broward Bank , 599 So. appeared first on Jimerson Birr LawFirm. 2d 1020, 1024 (Fla. 1st DCA 1981) ; Northside Motors of Fla., 2d at 625 (Fla. Entry Upon the Debtor’s Premises. Cote , 351 So.
Repossession efforts may be lawful, provided the debtor does not object, and the collateral is taken from unenclosed parts of the debtor’s property, such as the driveway. Barnett Bank of Pensacola , 397 So. The post SBA Loans: How to Maximize Recovery by Liquidating Personal Property appeared first on Jimerson Birr LawFirm.
The post Florida’s Fast-Track Residential Foreclosure Process appeared first on Jimerson Birr LawFirm. Continued reading: Certification of Original Promissory Note is Required to Bring a Mortgage Foreclosure Action. Bringing a Residential Foreclosure Action? You Need a Verified Complaint.
The post Canceling and Rescheduling a Mortgage Foreclosure Sale Now Requires a Motion appeared first on Jimerson Birr LawFirm. Bringing a Residential Foreclosure Action? You Need a Verified Complaint.
The post Mitigating Risks Associated with Hotel, Restaurant and Entertainment Industry Economic Challenges: Part 4 – Assignment of Rents Under Section 697.07, Florida Statutes appeared first on Jimerson Birr LawFirm.
Barnett Bank of Alachua Cty., The post Mitigating Risks Associated with Hotel, Restaurant and Entertainment Industry Economic Challenges: Part 5 – Commercial Foreclosures 101 appeared first on Jimerson Birr LawFirm. Appointment of a Receiver. Steinberg, 632 So. 2d 233, 234 (Fla. 2d 344, 345 (Fla.
Our relentless collections attorneys know which tools to use and when and how to collect them and are effective in collecting bad debt as indicated by our clients’ testimonials for each case. The ex parte bank attachment is also a powerful tool our collections lawyers use to collect post judgment.
The post How to Maximize Recovery on a SBA Loan by Negotiating a Workout Agreement appeared first on Jimerson Birr LawFirm. SBA Loans: How to Maximize Recovery by Liquidating Personal Property.
The post Mitigating Risks Associated with Hotel, Restaurant and Entertainment Industry Economic Challenges – Part 7: Expediting the Commercial Foreclosure Process Under Section 702.10, Florida Statutes appeared first on Jimerson Birr LawFirm.
The post SBA Loans: How to Maximize Recovery by Liquidating Real Property appeared first on Jimerson Birr LawFirm. Loan Modification and Deferment Requirements for SBA Lenders. SBA Loan Site Visits: How to Prepare and What to Expect.
The post Overview of Florida’s New Uniform Commercial Real Estate Receivership Act appeared first on Jimerson Birr LawFirm. Authors: C. Ryan Maloney, Esq. Melissa Murrin, J.D. Candidate 2021.
As the name suggests, these pre-judgment security tools are offered by the laws of the Commonwealth of Massachusetts to prevent the defendant or debtor from taking any action that can reduce their ability to pay off debts to you. We also use methods such as reach and apply injunctions to help collect your bad debt.
d) any parent entity, subsidiary, or other person who directly, or indirectly through one or more intermediaries, controls or is controlled b, or is under common control with, any entity listed in paragraph (a), paragraph (b), or paragraph (c).
Deutsche Bank Tr. The post Serving a Defendant in a Residential Foreclosure Action by Publication appeared first on Jimerson Birr LawFirm. See Shepheard v. Americas , 922 So. 2d 340 (Fla. Authors: Austin B. Calhoun, Esquire. Melissa Murrin, JD Candidate 2021.
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