Bruce Bergman explains how a recent New York appellate case clarified key aspects of deficiency judgments—specifically, when ...

A deficiency judgment is a court order that allows a lender to collect remaining debt when the collateral doesn’t cover the full amount owed. With a mortgage, this can happen when the proceeds from a ...

Q: My home was recently foreclosed upon. The bank claimed I owed $375,000 on the day of the foreclosure, but the bank was the only bidder at $325,000. They then sold my house for $400,000, but are ...

When historians look back at Nevada's 2011 Legislature, they'll identify Assembly Bill 273 as one of the most significant bills passed for Nevada homeowners, a lobbyist for the Nevada Association of ...

Discover lender rights with recourse loans: seize collateral in defaults, differences from non-recourse loans, implications, ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

According to 1301 of the RPAPL, a lender seeking to recover a single mortgage debt secured by one or more properties for which a person or entity is, at least in part, personally liable is generally ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...