In cases of lender liability and wrongful foreclosure lawsuits, plaintiffs frequently include a cause of action to cancel written instruments as part of their legal strategy. This cause of action aims to void specific documents related to the foreclosure process, such as deeds of trust, notices of default, notices of trustee’s sale, and trustee’s deeds upon sale. By seeking the cancellation of these instruments, plaintiffs hope to invalidate the foreclosure proceedings and potentially secure a favorable outcome in their legal dispute.
Key elements of the text:
– Lender liability and wrongful foreclosure lawsuits
– Cause of action for cancellation of written instruments
– Deeds of trust, notices of default, notices of trustee’s sale, trustee’s deeds upon sale
– Objective of invalidating foreclosure proceedings
– Potential impact on legal outcomes
You can read this full article at: https://geracilawfirm.com/exploring-repayment-rules-in-document-cancellation-claims/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.