John Stockdale, Jr. Favorably Settles Collection Action

March, 2015

After foreclosure by advertisement of investment real estate, Schafer and Weiner successfully resolved an action brought by the lender in Lapeer County Circuit Court against a business and the business owner for a deficiency judgment.  Schafer and Weiner helped its client settle the obligations of the business and business owner for approximately 65% of the debt, expunge the foreclosure, and return the real estate to the business.