Real estate lenders face fierce litigation

April 12, 2010

The Atlanta Journal-Constitution
It was in court that Frank Norton Jr. first saw Atlanta attorney Simon Bloom III at work. “He was very effective, as well as tenacious,” said Norton, president of the Norton Agency. “I said I want him on my side; someone to go to the mat for me.” Now commercial developers are feeling the pain. In fact, foreclosure notices in metro Atlanta jumped to a record high in March. Foreclosure, however, doesn’t always end a borrower’s troubles. Sometime a lender will sue for the balance owed, and that’s where Bloom comes in.

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