SCRA Foreclosure

Posted By: Andy_Z

SCRA Foreclosure - 05/08/17 04:38 PM

I was not aware that even though the SCRA (federal law) did not have a statute of limitations, courts would apply one based on state law.

http://www.oregonlive.com/business/index.ssf/2017/05/feds_side_with_lender_in_vanco.html

The Relief Act has no statute of limitations. But most courts have elected to apply a time limit on filing a complaint based on the statute of limitations in the most closely analogous state law. This gray area gave the two companies the opening they needed, and they argued that, under Washington state law, McGreevey had four years from the date of the foreclosure to file his lawsuit. Riddell argued for six years.