Monthly Archives: August 2018
What is the due date?
In reviewing contracts, court deadlines, and other time-driven factors, we get many questions related to how the time is calculated for purposes of a response or deadline. Typically, when counting days, day 1 is the day after the date listed (like we learned in math class). Therefore, if the “Effective Date” of a contract… Read More »
Freddie Mac Fraud Prevention and the Exclusionary List
I do have to give Freddie Mac (Federal Home Loan Mortgage Corporation) credit for implementing programs to prevent fraud on consumers and to prevent Freddie Mac from purchasing non-investment quality loans. In my experience, however, the Exclusionary List casts such a wide net that it often traps those who may have innocently created a… Read More »
Reforeclosure Helps Remove Omitted Junior Liens
Recently, we helped a client who bought real estate at a foreclosure sale but realized that the plaintiff’s attorneys forgot to include a junior lien in the foreclosure lawsuit. Luckily, there is a process in Florida to eliminate that junior lien, even after the foreclosure lawsuit is complete and the property is sold at… Read More »
Does Bankruptcy Pause the Statute of Limitations?
We received a great listener question from the Crushing Debt Podcast: “My husband and I have joint credit card debt. I filed for Chapter 7 bankruptcy eight years ago and got a discharge. My husband did not file with me, just me alone. My husband recently received a collection notice from from one of… Read More »