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Home / Opinion Digests / Creditor’s Rights – Confession Of Judgment – Foreclosure Sale – Fraud Claim (access required)

Creditor’s Rights – Confession Of Judgment – Foreclosure Sale – Fraud Claim (access required)

A judgment debtor may not set aside a confession of judgment entered against him by arguing that the bank was the only party to bid on the property and the five lots sold at foreclosure each sold for much less than lots in the subdivision typically sold for; a Richmond Circuit Court denies the guarantor’s ...

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