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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Oscar,<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">I have not looked at this carefully for some time. However, Westar says it is six years from when the note was due. Seems to me there’s probably a case out
there that says the statute of limitations runs six years from the first missed payment. Institutional loans are often not due for 30 years, but the borrower may have defaulted in year one. I doubt a court would allow a lender would allow a lender to foreclose
after six years from the first missed payment.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Bob<o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com]
<b>On Behalf Of </b>Oscar Yang, Esq.<br>
<b>Sent:</b> Tuesday, May 26, 2015 12:31 PM<br>
<b>To:</b> WSBA Real Property Listserv<br>
<b>Subject:</b> [WSBARP] SOL Calculation for Foreclosure Action<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt">Dear Listmates:<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt">I know in another state, there were some debates on when the SOL should start running for foreclosure actions (for example, among the last payment date by the borrower, the acceleration payment date, the
first date to fail to make a full monthly payment, etc). What date does WA use to calculate the SOL of a foreclosure action? Many foreclosure actions that I have seen are well within the SOL period, but I still want to calculate it correctly. I apologize
if this question sounds too basic.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt">Kind regards,<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt">Oscar Yang<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt">Managing Attorney<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt">ES BERRY LAW PC <o:p></o:p></span></p>
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<p class="MsoNormal" style="margin-bottom:12.0pt"><span style="font-size:10.0pt"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt">-- <o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:10.0pt">DISCLAIMER FROM ES BERRY LAW PC: This e-mail contains proprietary information some of which may be legally privileged, confidential or protected. It is for the intended recipient only. If an addressing or
transmission error has misdirected this e-mail, please notify the author by replying to it and delete it. This email is for informational purposes only and does not constitute legal advice. Unauthorized forwarding, printing, copying, distribution, disclosure
or use of such information is strictly prohibited. Unless specifically and clearly expressed otherwise, this email also should not be interpreted as a digital or electronic signature that can be used to authenticate a contract or other legal document.
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