JD Supra

Court Confirms Junior Lien Creditor’s Right to Enforce Deficiency Judgment Act Against Senior Creditor Who Fails to File Petition to Fix Fair Market Value

In a February 11, 2022 Order, the Court of Common Pleas of Washington County granted a Petition to Compel Satisfaction of Liens under the Deficiency Judgment Act (“DJA”) filed by a junior judgment ...
JD Supra

Ruling Eases Lenders’ Path to Deficiency Judgments in NC

Winning a deficiency judgment following foreclosure may become less costly for lenders following a May 5 ruling by the North Carolina Supreme Court in United Community Bank v. Wolfe. Reversing a ...
Las Vegas Review-Journal

Change in deficiency-judgment law lauded

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 ...
The Real Deal

Judge reverses $10M personal judgment against downtown Poetry Garage’s former owners

The previous owners of a downtown Chicago parking garage were cleared of paying nearly $10 million tied to a foreclosure, after a Cook County judge eliminated a previous deficiency judgment against ...
Hoodline

Brooklyn Builder Snags Last-Minute Lifeline In $15 Million Lenox Road Fight

Brooklyn developer Eli Karp just caught a break in East Flatbush, after a judge last week vacated a roughly $15 million ...