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A notice of default is a public notice filed with a court or local recording office to begin the process of foreclosure. A mortgage lender or servicer can file this notice after four months (120 ...
Notices accumulate on the door and window of a foreclosed, unoccupied house. The impact of foreclosure goes beyond just homeowners but also expands to towns and neighborhoods as a whole. Cities with high foreclosure rates often experience more crime and thefts with abandoned houses being broken into, garbage collecting on lawns, and an increase ...
Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]
A notice of default is a notification given to a borrower stating that a payment has not been made by the predetermined deadline, or is otherwise in default on the mortgage contract. Other ways a borrower may be in default include not providing proper insurance coverage for the property, or not paying due property taxes as agreed.
A Michigan inmate has been granted $100 million in a default civil suit judgment filed against Sean "Diddy" Combs for an alleged 1997 sexual assault.. Derrick Lee Cardello-Smith, who filed the ...
A Michigan inmate who claims that Sean “Diddy” Combs drugged and sexually assaulted him at a party nearly 30 years ago has won a $100 million default judgment against the hip-hop mogul ...
In United States law, a lis pendens (Latin for 'suit pending' [1]) is a written notice that a lawsuit has been filed concerning real estate, involving either the title to the property or a claimed ownership interest in it. The notice is usually filed in the county land records office.
Sean "Diddy" Combs is challenging a recent ruling in a sexual assault lawsuit against him.. On Thursday, Sept. 12, Combs, 54, filed an emergency motion to vacate a default judgment, and a motion ...
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