Maine State Legislature
As a leader in the field of Creditor's Rights and Consumer and Commercial Collections Law in the State of Maine, Greenberg & Greenberg has been active in the Maine Legislature over the years, proposing and commenting on legislation, including:
-The judgment execution real estate lien (1981);
-Bank account levy (1983 and 1985);
-Simplified attachment procedures (1983);
-The overhaul of post-judgment disclosure proceedings (1987);
-Increasing the amount of a retail purchase in which a security interest can be perfected without filing a UCC-1 (1993);
-Extending the period of effectiveness of judgment executions from one year to three (1995);
-Allowing alternate service of disclosure subpoenas, and simplifying probate claims (1997); and
-The establishment of an alternate method of enforcing security interests in personal property, and creating procedures for limiting the duration of judgment liens on real estate (2001).
Current proposals deal with clarifying the amounts and calculation of judicial rates of interest and with switching reliance from judgment executions to copies of judgment when initiating disclosure actions and perfecting judgment liens.
Copyright © 2013 Greenberg & Greenberg. All rights reserved.
Use of this site constitutes acceptance of the