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Real Estate & Property Law

: The Home Equity Theft Reporter

Arizona Bankruptcy Court Halts Foreclosure Action As Lender Lacked Standing To Prosecute, Not A Party In Interest

By r morris

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A recent ruling by a U.S. Bankruptcy Court in Tucson, Arizona refused to allow a foreclosing lender's request to continue with a foreclosure action on the grounds that it failed to establish that it was the real party in interest and lacked standing to prosecute the matter.(1)For the court's ruling, see In re: Barry Weisband, Ch. 13, Case No. 4:09-bk-05175-EWH (Bankr. D. Ariz., Tucson Div., 3/29/

Full post as published by The Home Equity Theft Reporter on April 05, 2010 (boomark / email).

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