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Pennsylvania’s Superior Court holds that lenders cannot attach real property held in tenancy by the entirety if it has separate judgments against each spouse

On December 16, 2013 by Schnader in Finance

By Stephen J. Shapiro In Pennsylvania, as in many other jurisdictions, real property owned jointly by a husband and wife – property held in a “tenancy by the entirety” – cannot be attached to satisfy the debt of only one spouse. Rather, a creditor only can attach entireties property if it […]

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Pennsylvania’s Superior Court Addresses the Format and Location of Confession of Judgment Clauses

On September 12, 2013 by Schnader in Finance

By Stephen J. Shapiro The Pennsylvania Superior Court recently rejected a debtor’s attempt to escape from three confessed judgments by challenging the format of the confession of judgment clauses at issue. In First National Community Bank v. The Powell Law Group, P.C., the defendant law firm guarantied the repayment of three […]

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