February 2015

Bank Must Sell "Abandoned" Properties Quickly After Obtaining Foreclosure Judgment

As a continuing free service, Clair Law Offices, S.C. thought you might be interested in a recent Wisconsin Court of Appeals decision involving financial institutions, foreclosures, and how quickly financial institutions must sell “abandoned properties” after obtaining a foreclosure judgment.
Key Facts
On February 17, 2015, the Wisconsin Supreme Court decided the case of Bank of New York Mellon v. Carson.