Business Litigation | News & Events

Property Tax Forfeiture

What is Property Tax Forfeiture? Property tax forfeiture is a process where the state takes ownership of real property if property taxes are not paid.  When property taxes are not paid in the year due, the taxes become delinquent as of January 1 of the following year.  Those holding liens… Read more »

It’s That Time of Year! 2010 Legislative Session Changes

Almost every year the legislature amends and changes laws that affect the banking and lending community. This year is no exception. The following is a brief summary of some of the new changes and amendments: 1. Postponement of Mortgage Foreclosure Sale for Property Subject to 12-Month Redemption… Read more »