Mortgagor’s Statute Of Limitations Argument Rejected By Colorado Justices

(April 26, 2023, 11:04 AM EDT) -- DENVER — The Colorado Court of Appeals erred in determining that a lender’s attempt to foreclose on a borrower’s home was barred by the statute of limitations since it did not seek to accelerate the mortgage loan until more than six years after the borrower’s bankruptcy discharge because no evidence exists showing that the lender “accelerated payment on the mortgage agreement,” the Colorado Supreme Court ruled in reversing and remanding....

Attached Documents

Related Sections