Real Estate/Development
Apr. 29, 2020
Zombie foreclosure: What is it and how can it be fixed?
With the coronavirus wreaking havoc on the economy, the issue of zombie foreclosure will resurface. This article will explain the legal tools that California banks, cities, counties and homeowners can use to stop them.
Ryan Griffith
Attorney and Associate Receiver
Bay Area Receivership Group
Zombie foreclosures became a major issue after the mortgage crisis and it is an issue that remains unresolved to this day. This is evident by at least four separate law schools publishing journal articles on the subject. Journals at the following law schools published articles on the topic of zombie foreclosure, UC Irvine School of Law, University of New Mexico School of Law, University of Washburn School of Law, and Emory University School of Law. With the coronaviru...
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