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The Law Office of Benjamin R. Levinson
represents lenders who seek to obtain a court ordered Judicial Foreclosure
of the real property and to obtain a deficiency judgment for money damages
against the borrower and/or guarantor due to Judicial Foreclosure of the
property being insufficient to pay the debt. Actions undertaken include:
- Preparation and filing of a Summons and Complaint for Judicial Foreclosure
in the county where the property is located;
- Recording a lis pendens to protect the lender from later encumbrances;
- Seeking summary judgment if appropriate or conducting a trial of the
action;
- Obtaining entry of judgment of foreclosure and order of sale of the
real property;
- Obtaining a writ of sale;
- Timely filing (within 3 months after the sale date), service and litigation
of an application for fair value deficiency hearing;
- Preparation, filing and service of a Money Judgment for the deficiency
amount ordered by the Court.
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