Posted in Foreclosure Defense, Legal News

Statute of Limitations: We Are Right – Stopa Law Firm Stopa Law Firm

Mark Stopa has written a great analysis of how states across the nation have interpreted the statute of limitations once a debt has been accelerated.  I did similar research and came to the same conclusion.  Florida stands alone.  There is no other state where a lender can decelerate a debt once the lender has chosen to accelerate the debt.

My “a-ha” moment came in April of 2014.  I had never discussed the statute of limitations in foreclosure-world openly (on this blog or otherwise).  Behind the scenes, though, I was spending countless hours researching case law from both Florida and other states.  That research led to one obvious conclusion:

Every state in the country that had ever ruled on the statute of limitations ruled in our favor (save the Fifth District’s recent decision in Bartram).

Every.  Single.  State.

via Statute of Limitations: We Are Right – Stopa Law Firm Stopa Law Firm.

 

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