Show navigation

Report

Pennsylvania Foreclosure Practice

 
The foreclosure process begins when a mortgage loan goes into default, usually when the borrower fails to make payments when due under the loan documents. There may be other bases for a default, however, including the failure of the borrower to pay real estate taxes, the borrower’s conveyance of the property without the lender’s permission, or a material misrepresentation concerning the use of the property (for example, representing that the property is a primary residence when, in fact, it is a rental property).

Assuming there is a basis to declare a default, the loan documents ordinarily will permit acceleration of the entire indebtedness. Under Pennsylvania law, the borrower must be given notice of the default and the right to cure before the loan may be accelerated under “Act 6 of 1974”, or simply “Act 6.” See 41 Pa. C.S.A. § 403.

Download this white paper to continue reading …

Eric M. Hurwitz is a Partner in the office of Stradley, Ronon, Stevens & Young, LLP. He is the co-chair of the firm’s Financial Services Litigation practice group. Mr. Hurwitz’s practice is focused on defending financial institutions from claims arising out of nearly every type of consumer and commercial financial product. He defends both single plaintiff and class action lawsuits against banks, mortgage lenders and servicers, student lenders, credit card companies, auto finance companies, debt collection companies and other financial services institutions.
Download Report

More Program Information

Pennsylvania Foreclosure Practice

Agenda

Download Report

More Program Information

Pennsylvania Foreclosure Practice

Faculty

Eric M. Hurwitz

Eric M. Hurwitz

Stradley Ronon Stevens & Young, LLP

  • Partner in the office of Stradley, Ronon, Stevens & Young, LLP
  • Co-chair of the firm’s Financial Services Litigation practice group
  • Practice focused on defending financial institutions from claims arising out of nearly every type of consumer and commercial financial product.
  • Defends both single plaintiff and class action lawsuits against banks, mortgage lenders and servicers, student lenders, credit card companies, auto finance companies, debt collection companies and other financial services institutions
  • Conducts regular seminars and workshops on numerous consumer finance topics
  • Author of publications concerning the mortgage industry, including servicing regulations promulgated by the Consumer Financial Protection Bureau and standing challenges to foreclosures
  • J.D. degree, Boston University School of Law; B.A. degree, University of Texas at Austin
  • New Jersey Law Journal, 40 under 40, comprised of the top 40 young professionals in the New Jersey legal community
  • South Jersey Biz, Best Attorneys in Business for litigation
  • Can be contacted at [email protected] or 856-321-2406
Download Report

More Program Information

Pennsylvania Foreclosure Practice

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.