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ScotsmanGuide – Sail Safely Across Receivership

Over the years receivership has emerged as a valuable part of the foreclosure process. Borrowers can stipulate to the appointment of a receiver to reduce foreclosure defense costs, stop hemorrhaging cash from property operations and minimize the perception of borrower failure. The receiver can even sell the property, short-cutting the foreclosure, reducing the time and cost of recovery, and often increasing the sale price. MORE>>>