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Wednesday
May042011

South Carolina Supreme Court Halts Foreclosures

The South Carolina Supreme Court halted pending foreclosures Tuesday and instated a mandatory foreclosure intervention program.

Chief Justice Jean Toal wrote in an administrative order that any foreclosure cases pending as of May 9 may not be subject to foreclosure or a foreclosure sale before going through a mediation program. Foreclosure intervention will also be mandatory for any foreclosure cases filed after that date.

South Carolina is a judicial foreclosure state, meaning each individual case must go through the court system to be valid. Toal is hoping mediation will relieve some of the burden foreclosure volumes are causing to the court system.

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Reader Comments (4)

May 4, 2011 at 2:14 PM | Registered CommenterDailyBail
(Reuters) - U.S. private employers added 179,000 jobs in April, coming in shy of economists' expectations, a report by a payrolls processor showed on Wednesday.

http://www.reuters.com/article/2011/05/04/us-usa-economy-adp-idUSTRE74337J20110504
May 4, 2011 at 2:48 PM | Registered CommenterDailyBail
Ex-Justice Department Official: Obama Could Be Forced to Release the Osama Death Photos

http://gawker.com/#!5798497/ex+justice-department-official-obama-could-be-forced-to-release-the-osama-death-photos
May 4, 2011 at 11:25 PM | Registered CommenterDailyBail

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