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In this state, there is a current case we are monitoring which alleges that several well-known foreclosure defense attorneys and other entities engaged in fraudulent conduct by filing fraudulent liens to collect surplus funds in foreclosure actions.
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This group commonly files frivolous documents and fraudulent liens in foreclosure cases, claiming the government has no legal authority over them.
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Fixture filings, equipment liens, inventory liens, and accounts-receivable liens are all examples of this type of personal-property lien.
What are UCC Liens?
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This phrase refers to the actions (like quiet title, foreclosure, partition, condemnation, or interpleader) where the United States can be named as a party when it has a lien on the property.
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In this state, the Statute of Limitations is not tolled or extended by a Loss Mitigation hold, requiring lenders to track deadlines on each loan to ensure first legal is filed on time.
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Let's talk Loss Mit & BK affects on the FC process!