Thursday, February 7, 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