Foreclosure; use of false records, documents, or statements. (SB163)

Introduced By

Sen. Chap Petersen (D-Fairfax) with support from co-patron Del. Eileen Filler-Corn (D-Fairfax Station)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Foreclosure; use of false records, documents, or statements.  Provides that any person who knowingly makes, uses, or causes to be made or used a false or fraudulent record, document, or statement in support of any foreclosure shall be liable to the injured party. Upon proof of both a violation and damages, the injured party shall be entitled to appropriate equitable relief and compensatory damages. If compensatory damages are awarded, an injured party may also be awarded punitive damages. A person violating the provisions of this bill shall be liable for reasonable attorney fees and costs of a civil action. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2012Prefiled and ordered printed; offered 01/11/12 12100872D
01/10/2012Referred to Committee for Courts of Justice
02/06/2012Reported from Courts of Justice (10-Y 4-N) (see vote tally)
02/07/2012Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/08/2012Read second time and engrossed
02/09/2012Read third time and passed Senate (28-Y 12-N) (see vote tally)
02/13/2012Placed on Calendar
02/13/2012Read first time
02/13/2012Referred to Committee for Courts of Justice
02/16/2012Assigned Courts sub: #2 Civil
02/27/2012Subcommittee recommends laying on the table
03/10/2012Left in Courts of Justice

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 2 minutes.

Comments

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

The Virginia Housing Coalition supports this bill that allows victims of wrongful foreclosure to recover damages.

Beverly Thompson writes:

This bill needs your support on behalf of all the Virginians who have no other means of financial and emotional help with this very real problem.