Debtor Financial services Foreclosure 
Jimerson Firm
MARCH 19, 2021
When a lender holds a defaulted loan there are several issues that need to be considered before initiating a foreclosure. Additionally, specific Federal regulations may also apply and provide additional requirements for lenders holding VA loans or FHA loans, or provide protections for service members. Busey Bank, N.A., 2d DCA 2011).
Jimerson Firm
NOVEMBER 13, 2020
if the collateral is likely to be acquired by SBA or the lender at the foreclosure sale, the expenses associated with the care, preservation and resale of the acquired collateral. In Florida, the lender can choose from the following methods: Deed in Lieu of Foreclosure. Lien Foreclosure. See SOP 50 57. Short Sale.
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Jimerson Firm
NOVEMBER 23, 2020
if the collateral is likely to be acquired by SBA or the lender at the foreclosure sale, the expenses associated with the care, preservation and resale of the acquired collateral. If a secured creditor breaches the peace, it may be liable to the debtor for damage done to the debtor or its premises during an unauthorized entry.
Troutman Sanders
OCTOBER 19, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. For more information, click here.
Burr Forman
AUGUST 19, 2021
Erich Durlacher – Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law. David Elliott – Banking and Finance Law, Commercial Litigation, Financial Services Regulation Law, Litigation – Banking and Finance. Clarke – Real Estate Law. Elizabeth Davis – Environmental Law. Birmingham. April Mason – Corporate Law.
Troutman Sanders
OCTOBER 16, 2023
The legislation prevents any potential gap in the law and protects homeowners from foreclosures as they continue to await approvals and payments from the Department of Housing and Community Development (DHCD). For more information, click here. On October 11, B25-0449 was signed by Mayor Muriel Bowser (D). For more information, click here.
Troutman Sanders
MARCH 29, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. As such, initiating communication with a debtor is prohibited while the emergency remains in effect and for 60 days thereafter.
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