As a follow up to our May post, FAPA in the Spotlight Again: Second Circuit Renews Call for NY Court of Appeals Review, the New York Court of Appeals has finally agreed to consider New York’s Foreclosure Abuse Prevention...more
7/25/2025
/ Abusive Foreclosure Practices ,
Appeals ,
Borrowers ,
Constitutional Challenges ,
Consumer Financial Products ,
Financial Services Industry ,
Foreclosure ,
Judicial Authority ,
Legislative Agendas ,
Lenders ,
Mortgages ,
New York ,
Real Estate Transactions ,
Statute of Limitations
While it is common knowledge in New York that the statute of limitations to collect a debt is six years from the time of acceleration, in a recent decision the Appellate Division, Third Judicial Department opened up the...more