Allenstein\u00a0and the other defendants never bothered to respond.\u00a0You’d\u00a0think that would make things easy for Deutsche Bank, but\u00a0here’s\u00a0where the trouble began. The bank just let the case sit there. Meanwhile, in 2012, a company called Contact Holdings bought the property,\u00a0apparently unaware\u00a0of the pending foreclosure.\u00a0<\/p>\n
Fast forward to September 2014. Deutsche Bank finally asked the court to enter a default judgment since nobody had answered the complaint. The court said no, pointing out the unreasonable delay. But they gave the bank another shot if it could explain itself and show the case had merit.\u00a0<\/p>\n
Deutsche Bank waited another year before trying again in November 2016. Contact Holdings, now realizing it had a problem, jumped\u00a0in\u00a0and asked the court to throw out the whole case for abandonment. The lower court sided with Deutsche Bank initially, but Contact appealed.\u00a0<\/p>\n
In January 2022, the appeals court reversed course and granted Contact’s request. The original foreclosure case was dead, dismissed as abandoned.\u00a0<\/p>\n
Two months later, Deutsche Bank tried to start fresh with a\u00a0brand new\u00a0foreclosure action against Contact. Contact fought back\u00a0immediately, arguing the case was filed too late.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Allenstein\u00a0and the other defendants never bothered to respond.\u00a0You’d\u00a0think that would make things easy for Deutsche Bank, but\u00a0here’s\u00a0where the…\n","protected":false},"author":2,"featured_media":125226,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[98,54420,100,99,48228,9,24,63],"class_list":["post-125225","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-brooklyn","tag-brooklyn-foreclosure","tag-brooklyn-headlines","tag-brooklyn-news","tag-deutsche-bank","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/125225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=125225"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/125225\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/125226"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=125225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=125225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=125225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}