Shawn Brenhouse

Shawn Brenhouse

Locke Lord LLP

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New York Appellate Court allows Action on Note Debt Despite Finding that Statute of Limitations Precludes Foreclosure Action

While it is common knowledge in New York that the statute of limitations to collect a debt is six years from the time of acceleration, in a recent decision the Appellate Division, Third Judicial Department opened up the...more

1/6/2021  /  Borrowers , Debt , Debt Collection , Foreclosure , Mortgages , Statute of Limitations
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