Small Business Recovers Everything in Foreclosure Dispute

Foreclosure sales are usually the last option to recover an unpaid debt. That was the case for this client who sold their mom-and-pop business and financed the sale.

The buyers of the business agreed to make payments to our client. Then the payments ceased. After many attempts to refinance with the buyers, our client felt they had no choice but to foreclose through a public trustee. 

Our Litigation Team helped the client navigate a frustrating and complicated process. The ordeal was mired by red tape and included a last-minute bankruptcy filing by the buyers. Our team persisted and prevailed.

A judge dismissed the bankruptcy petition due to missed deadlines, which allowed our client to restart the foreclosure sale. As a result, we helped our client recover the principal, interest, and attorney fees at the foreclosure sale.