Resurrecting a lengthy-inactive 2nd financial and you may unexpectedly intimidating so you can foreclose was a patently abusive practice. When given practical defenses and you can says, courts is willing to intervene to guard homeowners. The newest Part 11a out of NCLC’s Property foreclosures makes reference to legal protections and you will says giving courts authority so you’re able to rein within the zombie foreclosure. This article summarizes the key says and you can defenses.

Statutes away from restrictions also have a strong safety so you can property foreclosure off the second financial. (más…)