Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate approves cap and notice rules for trust-deed foreclosure attorney fees after hours of debate
Summary
After extended floor debate and witness testimony, the Utah Senate passed SB 32 to limit attorney fees in trustee-foreclosure cases and require a certified 30-day notice for owner-occupants before fees are charged.
The Utah State Senate passed Senate Bill 32 on third reading after an extended debate over attorney fees in trustee-foreclosure proceedings. The bill, presented by Senator Tanner Pace, aims to limit fees charged in many nonjudicial foreclosures and to protect owner-occupants of small residential properties by imposing statutory limits and procedural safeguards.
Senator Tanner Pace, sponsor of SB 32, framed the measure as a consumer-protection bill intended to rein in what he described as excessive attorney charges in routine trustee-foreclosure cases. Pace argued that reinstituting a cap would protect vulnerable homeowners and recover the original intent of the Trust Deed Act. "This bill's meant to handle administrative foreclosures, and it was meant to be low cost…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
