Padgett Law Group is pleased to announce the hiring of Kawanna Buggs in the role of Bankruptcy Court Registry Matters Manager (CRM Manager). As national CRM Manager, Buggs will direct, plan, and manage the staff and operations of the CRM Bankruptcy Department to maximize firm performance and employee job satisfaction. This includes conducting all activities in adherence with all applicable servicer and investor time lines, the firm’s internal policies and procedures, and all U.S. state and federal laws and regulations wherein the firm operates.
Additionally, in this new role, Buggs will be responsible for the management of business development within the bankruptcy department and support business development initiatives throughout the firm’s other practices, which include foreclosure, title, title curative, eviction, real-estate owned (REO) closings, retail closings, litigation, and collections. Padgett Law Group’s bankruptcy services are national. Other practices operate in Arkansas, Tennessee, Georgia, and Florida where the firm has GSE-compliant brick-and-mortar operations.
“Having worked in servicing since 2004, I’ve overseen operations that include everything from collections to bankruptcy. I’m excited to bring that perspective into a growing, multi-state law firm already in the lead when it comes to innovation, technology, and client service. At Padgett Law Group I’ll be able to leverage my experience for the larger goal of building a next-generation firm,” said Buggs.
Buggs has had roles at HSBC, Wells Fargo, Citi, and most recently, at Nationstar Mortgage where she served as Vice President of Bankruptcy Operations. “Our firm has consistently led the industry when it comes to innovations on the bankruptcy side. We’ve built a national practice and a customized client services program called P3, or Preferred Padgett Partners, where our clients get white-glove service and turnaround time lines that are simply unmatched by competitors. Kawanna is the best person in the industry to step into a program and practice like that and take it to the next level,” said Evan Singer, Esq., Bankruptcy Supervising Attorney with Padgett Law Group.
Buggs will be based out of the firm’s Tampa, FL office. She can be reached at KBuggs@padgettlaw.net.
On Friday, July 14, 2017, the 1st DCA in Forero v. Green Tree Servicing, LLC, Case No. 1D16-2151 (1st DCA July 14, 2017) affirmed that the continuing nature of the default serves to make each foreclosure its own, distinct action, even though the initial date of default was the same as in prior foreclosure actions. Borrower’s appeal raised two main issues: 1) the foreclosure was barred as res judicata under the two dismissal rule (a 2nd voluntary dismissal of a case operates as an adjudication on the merits); and 2) the statute of limitations had expired due to the December 1, 2008 default date. This was the third foreclosure filed with the same 2008 default date and both of the prior foreclosures were voluntarily dismissed. In reaching its decision, the Court ruled, “…the foreclosure action was not rendered res judicata by the two previously dismissed foreclosure suits on the same note, and …the statute of limitations in section 95.11(2)(c), Florida Statutes, did not bar the action due to the inclusion within the allegations of at least some defaulted installment payments within five years of the date the complaint was filed.”
The Court followed the recent rulings in the Desylvester and Bollettieri cases from the 2nd DCA and Supreme Court cases Singleton and Bartram which address the “installment nature” of mortgages and joined the 2nd , 4th and 5th DCAs in confirming that allegations in the complaint of the continuing state of default satisfies the statute of limitations. The Padgett Law Group, through attorney Michael Ruff, represented the servicer in this case, which is a monumental victory that positively impacts Florida law on statute of limitations for lenders and servicers. Click the "read more" link below for the full decision.