Victory Prevents Bank from Pursuing $1.5M Deficiency Judgment
Successfully defeated confirmation of foreclosure sale by Decatur first bank and the FDIC. BLF Partner Skip Sugarman defeated an attempt to confirm the foreclosure sale of commercial property in Monroe, Georgia. The judge denied confirmation based on the cross- examination of the bank’s appraiser without even requiring the debtor to put on any evidence. This victory prevented the bank from pursuing a $1.5 million deficiency judgment against the borrower or guarantor.
