Foreclosure procedures; makes various changes to procedures. (SB795)

Introduced By

Sen. Don McEachin (D-Richmond)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Foreclosure procedures.  Makes various changes to procedures for foreclosure, including requiring additional documentation showing the right of the beneficiary to request foreclosure, altering the requirements for providing notice prior to a foreclosure sale, and imposing additional fiduciary duties on the trustee. The bill also provides that violating foreclosure provisions is a prohibited practice under the Virginia Consumer Protection Act. Read the Bill »


02/07/2011: Failed to Pass in Committee


12/28/2010Prefiled and ordered printed; offered 01/12/11 11101716D
12/28/2010Referred to Committee for Courts of Justice
01/11/2011Assigned Courts sub: Civil
01/26/2011Rereferred from Courts of Justice (14-Y 0-N) (see vote tally)
01/26/2011Rereferred to Commerce and Labor
02/07/2011Passed by indefinitely in Commerce and Labor with letter (15-Y 0-N) (see vote tally)
02/07/2011Letter sent to Virginia Housing Commission


Jay S., tracking this bill in Photosynthesis, notes:


Virginia Housing Coalition, tracking this bill in Photosynthesis, notes:

The Virginia Housing Coalition is lending its support to this bill.