Jimerson Firm

JANUARY 22, 2021

We have explored pre-foreclosure loss mitigation options ( Part 2) ; commercial mortgage default options including acceleration and enforcement of personal guarantees ( Part 3 ); and assignment of rents under Section 697.07, Florida Statutes (Part 4 ). Part 2: Pre-Foreclosure Loss Mitigation Options. Avoiding Lender Liability.

Foreclosure 98

Foreclosure Lender Loans Collateral 98

Troutman Sanders

MARCH 1, 2023

A lender must enforce the debt through foreclosure or a lawsuit within six years after the cause of action accrues. The third party filed suit against FMZ for quiet title, claiming the six-year statute of limitations barred foreclosure and FMZ’s ability to enforce its title to the property.

Foreclosure 52

Foreclosure Credit Card Debt Lender Financial Institution 52

True Accord

AUGUST 11, 2022

Overall, lower levels of financial literacy end up contributing to increased rates of bankruptcy, defaults, and foreclosures. Interested in learning how TrueAccord can help create a customizable user-beneficial experience for your customers?

Acquisition 61

Acquisition Debt Recovery Education Student loans 61

True Accord

MARCH 31, 2022

The four key trends we’re studying are: resumed foreclosure activity, extensive medical bills, the end of child tax credits and historically high inflation. Add these all together and the financial outlook for consumers, especially those in debt, is scary. The Downside. But some definitely feel it more than others. million U.S.

Lender 58

Lender Personal loans Foreclosure Loans 58

Collection Industry News

MARCH 15, 2021

SACRAMENTO – More than a year into the COVID-19 pandemic, the California Department of Financial Protection and Innovation (DFPI) continues to expand efforts to protect consumers from financial impacts of the lethal virus that has ravaged the state’s economy and killed more than 53,000 Californians.

Foreclosure 40

Foreclosure Student loans Student Loans Debt collector 40

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. Lien Foreclosure. See SOP 50 57. Accordingly, lenders must ensure that all sales are commercially reasonable.

Collateral 98

Collateral Loans Secured Creditor Lender 98

Burr Forman

AUGUST 19, 2021

Keith Andress – Commercial Litigation, Construction Law, Corporate Law, Insurance Law, Litigation-Banking and Finance, Construction, Mortgage Banking Foreclosure Law, Personal Injury Litigation-Defendants, Product Liability Litigation-Defendants, Professional Malpractice Law-Defendants. Rachel Cash – Financial Services Regulation Law.

Lawyers 105

Lawyers Construction Acquisition Bankruptcy 105

Jimerson Firm

FEBRUARY 2, 2021

Environmental Investigations are required, for example, before a lender or CDC can acquire the title to commercial real property collateral by purchasing it at a foreclosure sale or accepting a deed-in-lieu of foreclosure, or taking over the operation of a borrower’s business that uses a hazardous substance.

Lender 76

Lender Collateral Loans Foreclosure 76