Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
One of the bedrock principles of Michigan property law is that property held jointly by husband and wife is protected from the claims from one spouse’s creditors. However, a recent …
Federal Court Ruling Diminishes Michigan Property Rights Read MoreThe Michigan Supreme Court this afternoon issued a short (two page) Order that reversed the Court of Appeals opinion in Residential Funding Co. v Saurman, which I discussed previously. The …
Breaking: Saurman Reversed Read MoreIn a significant ruling, a divided panel of the Michigan Court of Appeals recently ruled that Mortgage Electronic Registration Systems, Inc (“MERS”) is not statutorily permitted to foreclose a mortgage …
MERS Can’t Foreclose By Advertisement Read MoreOn May 19, 2009, the Michigan Legislature passed a package of three bills designed to give homeowners facing foreclosure a ninety-day window to meet with their lender and modify the …
Michigan Legislature Passes New Foreclosure Laws Read More