Court of Appeals for the Eleventh Circuit Sends Rushmore’s Residential Mortgage Servicing Abuse Class Action back once again to the District Court
The named-plaintiff borrowers acquired mortgage guaranteed by home financing. Following the borrowers defaulted, the note owner filed foreclosure. The borrowers then filed for Chapter 7 bankruptcy security.
The borrowers failed to reaffirm your debt, vacated the property, together with bankruptcy court joined a release purchase pursuant to area 524(a)(2) that relieved them from any individual obligation on the home loan financial obligation. Read more
