Foreclosure Basics (Online Seminar)

MCLE Credits: 3.0
Ethics Credits Included: 0.0

MCLE Credit: 3.0 (Ethics: 0.0)
Live-Interactive Credit: 0.0
Price: $180 (Includes a downloadable audio version.)
Viewable Through: 6/30/2018


A pre-recorded streaming VIDEO replay of the June 2015 webcast, Foreclosure Basics (2015).

Topics covered include:

  • How is the lien created and enforced?
  • What steps does the lender take?
  • What are the trustee’s duties?
  • What documents need to be produced?
  • How can title issues affect a foreclosure sale?
  • Who prepares the deed and conducts closing?
  • What are the borrower’s defenses to a foreclosure?
  • Is a deed in lieu of foreclosure better?
  • What are the accounting requirements after the sale?
  • How does bankruptcy affect the foreclosure sale and the lender’s collection of the debt?

What happens when a homeowner/borrower falls behind on house loan payments and the loan is put into foreclosure? Who are the players and what are the correct steps to take?

In this overview of the foreclosure process in Virginia, you will find answers to these questions and more from a variety of perspectives, including the lender’s, borrower’s, trustee’s, and purchaser’s.




Kim R. Gershen, Samuel I. White, P.C. / Virginia Beach
Kim Gershen practices in the areas of foreclosure, loss mitigation, debt disputes, and title curative for the Commonwealth of Virginia and the District of Columbia. She received her B.A. degree from the University of Wisconsin-Madison and her J.D. degree from Hofstra University School of Law

Laura D. Harris, Samuel I. White, P.C. / Virginia Beach
Laura Harris practices in the areas of foreclosure, creditors' rights, and loss mitigation. She earned her B.S. degree from Western Oregon State College (now Western Oregon University) and her J.D. degree, with honors, from George Washington University.

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