The U.S. Supreme Court ruled on the case of Obduskey v. McCarthy & Holthus LLP Wednesday morning, finding that businesses engaged in nonjudicial foreclosure proceedings are not considered "debt collectors"...

The process of foreclosure varies from state to state, but in general, there are two different procedures in place, judicial foreclosure or nonjudicial foreclosure, both resulting in a foreclosure sale....

...non-judicial foreclosure proceedings. The webinar states that the "purpose of this subchapter to eliminate abusive debt collection practices by debt collectors. It also examined state laws in relation to nonjudicial...

...by completing the non-judicial foreclosure process in states where permitted are not subject to regulation under the Fair Debt Collection Practices Act. The brief noted that such servicers are not...

...stage of the default process, including foreclosure, bankruptcy, real estate, eviction, title, litigation, appellate work, reverse mortgages, and REO. FIRM MEMBERS: Ernest J. Codilis, Jr. (Illinois, Indiana, Missouri, Texas, Wisconsin);...

...non-judicial foreclosure is the possibility of a deficiency judgment. In Colorado, a deficiency judgment is not possible in the non-judicial foreclosure. Arguably, if a plaintiff did not request a deficiency...

...LLP, which is before the U.S. Supreme Court. The issue at hand is whether the nonjudicial foreclosure process and the act of conducting a trustee’s sale qualify as “debt collections”...

...judicial foreclosure process, wherein the foreclosure proceedings have to make their way through the court system. Regulations in these states have sometimes extended the foreclosure process beyond 1,000 days.” At...

...process in New York. The nonjudicial process in Virginia is going to be very different from other states’ nonjudicial processes. But there are common threads and common challenges. Being able...

...Council Vice Chair and counsel of record said, "Application of the FDCPA to nonjudicial foreclosures is an issue that has a significant effect on the foreclosure process in states from...