In lender liability and wrongful foreclosure lawsuits, plaintiffs frequently include a cause of action to cancel written instruments. This legal maneuver typically targets key documents such as deeds of trust, notices of default, notices of trustee’s sale, and trustee’s deeds upon sale. The purpose of this cause of action is to invalidate these critical documents, potentially nullifying the foreclosure process in its entirety.
Key elements of this legal strategy include:
– Plaintiffs adding a cause of action for cancellation in lender liability and wrongful foreclosure lawsuits
– Targeted documents can include deeds of trust, notices of default, notices of trustee’s sale, and trustee’s deeds upon sale
– The ultimate goal is to invalidate these documents, potentially halting the foreclosure process.
This tactic underscores the complex and contentious nature of lender liability and wrongful foreclosure cases, as plaintiffs seek to challenge the legitimacy of key documents central to foreclosure proceedings. These cancellation causes of action add a layer of legal complexity and uncertainty to an already contentious legal landscape for both lenders and borrowers alike.
You can read this full article at: https://geracilawfirm.com/exploring-repayment-rules-in-document-cancellation-claims/(subscription required)
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