Promise to Forbear Not Fraud 
By
Published: July 6, 2011
Tags: Creditor's Rights, Judge Robert P. Doherty Jr., Salem Circuit Court, Virginia Circuit Courts
A Salem Circuit Court sustains a creditor’s demurrer to a borrower’s counterclaim alleging the creditor committed fraud when it foreclosed on the borrower’s property after its agent allegedly assured defendants they would work with them and allow late note payments and not foreclose.
This court does not normally use the word “apparently” when reciting facts. In ...
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