NY Publishes 'Certificate Of Merit' For Foreclosure Attys

Law360, New York (September 03, 2013, 5:55 PM ET) -- New York's new law designed to protect foreclosure defendants from lengthy, costly and damaging litigation became a reality Friday after the state's court system published the 'certificate of merit,' which plaintiffs' lawyers must now complete before they bring suit.

Published a month after Gov. Andrew Cuomo signed legislation that policymakers hope will reduce the size of New York's “shadow docket" — where thousands of strapped homeowners reside in foreclosure limbo as their costs escalate — the forms require lawyers to attest that there is "a reasonable...
To view the full article, register now.