[WSBARP] Foreclosure question

[Craig Gourley]

Gregory,  Tom Hause in our office is doing one of these right now.  No payments since December of 2007.  Note that the statute of limitations is tolled during any bankruptcy proceeding and during any active foreclosure.  In our case the debtor was in bankruptcy for 14 months and under an active notice of trustee’s sale 8 times. The sales were never held or the action was cancelled each time.  During those time periods the statute was tolled.  You need to pull the title history and look for trustee’s sales and also check with the client for any banko filings, even if they are dismissed.  If you want to refer it out, give Tom a call he may be willing to take on another SOL client.  Thanks, Craig

Gourley Law Group
Snohomish Escrow
The Exchange Connection

1002 10th Street / PO Box 1091
Snohomish, WA 98291

360.568.5065
360.568.8092  fax
Craig at glgmail.com<mailto:Craig at glgmail.com>

From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Gregory L. Gilday
Sent: Friday, August 11, 2017 9:57 AM
To: WSBA RPPT Real Property Discussion Forum <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Foreclosure question

I have a friend who has a deed of trust foreclosure sale scheduled two weeks from now in Island County.  He has not made a payment in nine (9) years, and he says he has signed nothing with the lender in that 9 year period.  I am thinking the statute of limitations will be his friend.  Comments and referrals (including self) are solicited.

Thank you in advance.
--


Very Truly Yours,
Gregory L. Gilday
Law Office of Cole & Gilday, P.C.

10101 - 270th St. NW
Stanwood, WA 98292
(360) 629-2900 (Telephone)
(360) 629-0220 (Fax)

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