The shuttered Senses nightclub on Poplar Avenue is facing foreclosure after its owners, who had planned to resurrect the once-popular nightclub, defaulted on a $ 1.1 million loan. Senses, 2866 Poplar Ave., closed in April 2013.
Al Beahn was a 22-year-old college grad living in his parent's basement in the Detroit suburbs when he bought his first investment property in 2009. It cost him $ 27,000 and he flipped it three months later for a $ 16,000 profit. Foreclosure News
For the third time in less than two years, the Eleventh Circuit Court of Appeals has ruled that a chapter 7 debtor who does not reaffirm secured debt or redeem the property must surrender the property. In re Woide , No. Foreclosure News
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No help Wells Fargo admitted that, due to a calculation error, it improperly foreclosed on 545 distressed mortgage borrowers after they asked the bank for help. All told, 870 homeowners were denied assistance even though they qualified for it, and more than half eventually lost their homes. Foreclosure News
JDS Development and its partners said they secured $ 62.5 million in construction financing for their Monad Terrace condominium project in South Beach to resolve a foreclosure lawsuit. Foreclosure News
January 2, 2017 – Governor Andrew M. Cuomo announced today the appointments of the Honorable Alan D. Scheinkman as Presiding Justice of the Appellate Division for the Second Judicial Department and the Honorable Elizabeth A. Garry as Presiding Justice for the Appellate Division for the Third Judicial Department. The Presiding Justice for each New York…
