Jimerson Firm

AUGUST 7, 2020

sell, lease, license, exchange, collect, or otherwise dispose of receivership property.” § 714.02(14), The post Overview of Florida’s New Uniform Commercial Real Estate Receivership Act appeared first on Jimerson Birr Law Firm. Whether a holder of a subordinate lien obtains appointment of a receiver for the property.

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Jimerson Firm

AUGUST 24, 2020

The post Florida’s Fast-Track Residential Foreclosure Process appeared first on Jimerson Birr Law Firm. 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.

Foreclosure 96

Foreclosure Judgment Law Firms Creditor's Rights 96

Jimerson Firm

OCTOBER 9, 2020

The post Canceling and Rescheduling a Mortgage Foreclosure Sale Now Requires a Motion appeared first on Jimerson Birr Law Firm. Bringing a Residential Foreclosure Action? You Need a Verified Complaint.

Foreclosure 98

Foreclosure Judgment Law Firms Bankruptcy 98

Jimerson Firm

DECEMBER 30, 2020

The post How to Maximize Recovery on a SBA Loan by Negotiating a Workout Agreement appeared first on Jimerson Birr Law Firm. During workout agreement negotiations, there are many workout options that the lender/CDC and borrower can consider. SBA Loans: How to Maximize Recovery by Liquidating Personal Property.

Loans 98

Loans Collateral Lender Foreclosure 98

Jimerson Firm

JULY 30, 2020

Additionally, Florida law provides that there can be multiple judgments for the same debt but the same debt can only be collected once. However, the indebtedness can be collected only once, and any payment on any of the judgments must be credited to the others.”). This prevents a double recovery. Bryan, 384 So. 2d 1323, 1324 n.3

Lender 98

Lender Foreclosure Loans Banks 98

Jimerson Firm

NOVEMBER 13, 2020

Lenders must give careful consideration on choosing this method because it may (unless otherwise negotiated in the written agreement) lose the right to collect any deficiency, and the property will remain subject to any existing liens. However, lenders should only use this option if it maximizes recovery on the SBA loan.

Loans 98

Loans Collateral Foreclosure Lender 98

Jimerson Firm

NOVEMBER 23, 2020

Collection of Accounts Receivable. If the SBA loan is secured by the debtor’s account receivables, the secured creditor may enforce the obligation by instructing the debtor’s account debtor to pay the secured creditor directly. 679.607(1), Fla.

Collateral 98

Collateral Loans Secured Creditor Lender 98

Jimerson Firm

DECEMBER 15, 2020

The post Mitigating Risks Associated with Hotel, Restaurant and Entertainment Industry Economic Challenges: Part 6 – Considerations for the Appointment of a Receiver During Commercial Foreclosures appeared first on Jimerson Birr Law Firm.

Foreclosure 98

Foreclosure Lender Banks Collateral 98

Consumer Financial Services Law

APRIL 10, 2018

Specifically, Plaintiff (the consumer) found issue with the following language in Defendant’s (the debt collection agency) form collection letter: “These settlement offers may have tax consequences. FRS is not a law firm and will not initiate any legal proceedings or provide you with legal advice. 3d 72, 75 (2d Cir.

Collections 40

Collections Debt collector Creditor's Rights Law Firms 40

Jimerson Firm

JULY 15, 2020

Additionally, the Fifth District Court of Appeal acknowledged that Option 3 “seems at odds with the law in other jurisdictions, as well as [Option 2], which clearly requires a landlord to mitigate damages.” appeared first on Jimerson Birr Law Firm. See Horizon Med. Melissa Murrin, JD Candidate.

Judgment 86

Judgment Law Firms Creditor's Rights Loans 86

Jimerson Firm

JANUARY 14, 2021

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 Law Firm.

Foreclosure 90

Foreclosure Lender Judgment Law Firms 90

FDCPA Defense

JANUARY 8, 2020

If a law firm sends a letter seeking to collect the correct amount, from the correct consumer, on behalf of the correct creditor, can the consumer still sue, claiming the firm violated the FDCPA because no attorney was “meaningfully involved” in preparing the letter? Meyer Njus Tanick,P.A., Meyer Njus Tanick,P.A.,

Law Firms 40

Law Firms Creditors Creditor's Rights Collections 40

Jimerson Firm

OCTOBER 22, 2020

The post Mitigating Risks Associated with Hotel, Restaurant and Entertainment Industry Economic Challenges: Part 5 – Commercial Foreclosures 101 appeared first on Jimerson Birr Law Firm.

Foreclosure 94

Foreclosure Lender Judgment Collateral 94

Jimerson Firm

NOVEMBER 16, 2020

If you’re a secured creditor and you need to repossess collateral, consulting with the experienced attorneys at Jimerson Birr can help you repossess the collateral without incurring liability. The post How Can a Secured Creditor Repossess Collateral Without Breaching the Peace? appeared first on Jimerson Birr Law Firm.

Secured Creditor 69

Secured Creditor Collateral Repossession Creditors 69

Jimerson Firm

MAY 26, 2021

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).

Foreclosure 52

Foreclosure Lender Collateral Judgment 52

Jimerson Firm

SEPTEMBER 28, 2020

The post Serving a Defendant in a Residential Foreclosure Action by Publication appeared first on Jimerson Birr Law Firm. Authors: Austin B. Calhoun, Esquire. Melissa Murrin, JD Candidate 2021.

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Foreclosure Construction Judgment Lender 98