Social Networking Gone Wild: Foreclosure via Facebook.


 Courts in both Australia and England have already ruled that lenders may serve legal notices on borrowers who are in default of their mortgages online using Facebook. According to this Businessweek article, the U.S. may not be far behind in using social media sites to serve legal notices to signal the commencement of a foreclosure proceeding. Read article


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s