Banks Credit Management Creditors Foreclosure 
FDCPA Defense
NOVEMBER 11, 2014
Section 1692g of the FDCPA says collectors must provide notice to consumers within five days of the initial communication regarding the debt, stating the amount of the debt, the name of the current creditor, and explaining the consumer’s right to dispute the debt and to obtain verification. Southern Oregon Credit Servs, Inc. ,
Jimerson Firm
JULY 30, 2020
Part 2 of this series analyzed pre-foreclosure loss mitigation options for lenders dealing with hotel/restaurant mortgage defaults. Bank of America, N.A., Goldome Realty Credit Corp., and a foreclosure sale netted the lender $3,675,000 leaving a deficiency of $918,398.49. Bank, N.A. See LRB Holding Corp.
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