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Implied Duty Of Good Faith, Fair Dealing & The Collection Of Deficiency Judgments In Foreclosure Actions

By r morris

Lexology reports:It is fairly well-settled that a bank who breaches the implied duty of good faith and fair dealing may be barred from collecting its deficiency judgment in a foreclosure action. See de Jong v. Leitchfield Deposit Bank, 254 S.W.3d 817, 823 (Ky. App. 2007) (quoting Farmers Bank and Trust Co. v. Willmott Hardwoods, Inc., 171 S.W.3d 4, 11 (Ky. 2005)).Yet, in Harvest Homebuilders LLC

Full post as published by The Home Equity Theft Reporter on May 13, 2010 (boomark / email).