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Thursday, February 7, 2013

foreclosure-hearing-boa-case-columbus-county-feb-5-2013

Foreclosure Hearing - BOA Case, Columbus County, Feb. 5 2013


The following is a summary of a foreclosure hearing that McGrath & Spielberger assisted a borrower with, and is provided for informational purposes only.


Foreclosure Hearing OutcomeClient’s Motion to Continue Foreclosure Hearing granted; foreclosure sale date canceled.


Borrower’s AttorneyJason A. McGrath of McGrath and Spielberger.


Actions Taken by McGrath & Spielberger on Behalf of Borrower (Specifically in Relation to the Foreclosure Hearing): Settlement negotiations, Motion to Continue Foreclosure Hearing filed, Mr. McGrath attended hearing with client.


Mortgage Loan Servicer / Foreclosing Bank: Bank of America


Distressed Property Address (City): Whiteville, NC


Type of Distressed Property: Primary residence / owner occupied


Date of Foreclosure Hearing: February 5, 2013


Location of Foreclosure Hearing: Columbus County, NC


Bank’s Trustee: Trustee Services of Carolina, LLC This is a company created by the Brock and Scott law firm to serve as bank’s substitute trustee in foreclosure cases; this company then hires Brock and Scott to serve as the lawyers for the substitute trustee; this allows them to potentially capture trustee fees AND attorney fees in the same case. Brock and Scott even has a “holdings” corporation set up as a separate business entity.


Law Firm for Bank’s Trustee: Brock and Scott, PLLC