Foreclosure Speed-Up Bill Continues House Trek
Emil Fleysher
April 3, 2013
The bill to expedite the foreclosure process has passed its second committee, the House Justice Appropriations Committee, by a 9-2 vote. Known as House Bill 87, this bill allows third-party lien holders to start foreclosure proceedings and rushes the final judgment of foreclosure if a legitimate defense is not filed. Objections from consumer advocates fear HB 87 would put the rights of homeowners at risk but the bill also includes
