Author Archives: Win Mims
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Great news: Due to a ruling on May 11, 2012, by the 11th Circuit Court of Appeals in Atlanta, Chapter 7 now offers greater flexibility and control than ever before to Georgia homeowners and property owners with depreciated home values. Prior to May, in Chapter 13 cases, homeowners as well as clients with rental property whose properties were… Read More »
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On May 20, 2009, a new day dawned for renters. A new federal law was enacted which protected tenants when the property they leased or rented as a residence was sold at foreclosure. The Protecting Tenants at Foreclosure Act (PTFA), Pub. L. No. 111-22, Section 702 (2009) has been extended to be effective through 12-31-2014…. Read More »
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Many of our clients have contacted us to ask what happens when the house a tenant is leasing or renting is sold at foreclosure. Landlord-tenant law and foreclosure law in Georgia historically have been local matters with the Georgia legislature enacting the controlling law. Also, historically, Congress would enact a federal law when a compelling… Read More »