Court allows lenders to restart foreclosures any time

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foreclosure by sale: "All liens and mortgages affecting real property may, on the written motion of any party to any suit relating thereto, be foreclosed (1) by a decree of sale instead of a strict foreclosure at the discretion of the court before which the foreclosure proceedings are pending,

– Friendly Foreclosure – Borrower accepts the jurisdiction of court, gives up any right to declare defense and claims, relinquishes right to appeal, and agrees to cooperate with lender in litigation. – Prearranged bankruptcy: Borrowers and all their creditors agree in advance to the terms they will turn assets over to creditors in exchange for the release from the liability.

Baker Donelson’s presence in Knoxville dates to 1957 when Howard H. Baker Jr. and Robert F. Worthington founded Baker Worthington. Baker was elected to the United States Senate in 1966 and served there until 1985.

Court allows lenders to restart foreclosures any time South Florida’s foreclosure rate drops in first quarter: report South Florida was home flipping king for 2015

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Court allows lenders to restart foreclosures any time. The Florida supreme court ruled that the five-year statute of limitations resets monthly

judgment after strict foreclosure or foreclosure by sale. DEFINITIONS: STRICT FORECLOSURE "At any time within thirty days after the time limited for redemption has expired, any party to a mortgage foreclosure may file a motion seeking a deficiency judgment. Such motion shall be placed on the short calendar for an evidentiary hearing.

Online retailer Overstock.com said it will begin collecting sales tax on all purchases made in the U.S. The change comes in the wake of the Supreme Court ruling that allows states to collect sales tax.