Posts in Real Estate Mortgages.
A recent federal appellate court ruling illustrates the traps lenders could trip when state court collection actions against joint borrowers intersect with federal bankruptcy law.
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Michigan Court of Appeals clarifies mortgagor’s right of property redemption, regardless of the manner of foreclosure used.
Tags: Business Risk Management, Commercial Liability, Commercial Loans, Commercial Real Estate, Real Estate Mortgages
Appellate court ruling allows receivers to sell property even if proceeds fail to compensate junior lien holders.
Tags: Commercial Liability, Commercial Loans, Commercial Real Estate, Mortgage Foreclosure, Real Estate Mortgages, Receiverships
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