Florida Supreme Court Justice Lawson Hints at Special Statute of Limitations Considerations When Dealing with Long-Term Notes – Arias Bosinger

"I understand they don’t like the idea that people can end up with free houses but this undermines and defies the purpose of a statute of limitations," said foreclosure defense attorney roy Oppenheim, who is fighting a high-profile foreclosure deadline case in Boca Raton in which homeowners stand to win a multimillion-dollar waterfront mansion.

Last year, we wrote an article about the florida supreme court ruling that each missed mortgage payment constituted a new default subject to a new five-year statute of limitations clock, meaning most lenders could proceed with foreclosure even after five years from the initial default.

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Ruling Could Eliminate Statute of Limitations for Foreclosures. by James McClister February 19, 2015. A case moving through Florida’s Supreme Court could give banks a new weapon when filing foreclosure suits.

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Too Late to Foreclose? re: Florida Mortgage Foreclosure Statute of Limitations. Since the lender took no affirmative steps to reinstate the loan following the dismissal, the second foreclosure action filed more than five years after the original default and acceleration was untimely and thus barred by the statute of limitations.

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Florida Supreme Court Justice Lawson Hints at Special Statute of Limitations Considerations When Dealing with Long-Term Notes – Arias Bosinger Florida Supreme Court Justice Lawson Hints at Special Statute of Limitations Considerations When Dealing with Long-Term Notes Last year, we wrote an article about the Florida supreme court ruling that.

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