Maryland Court of Appeals Decision re Maryland Collection Agency Licensing Act

Sharma Update

The Court of Appeals in Maryland has ruled in the Sharma case that the general assembly did not intend for foreign statutory trusts to obtain a collection agency license under MCALA before it’s substitute trustees file foreclosure actions. As a result, your files which were on Sharma hold may now be released and can move forward. Please see attached link below.

For further discussions and/or questions on specific cases, please contact Diane Rosenberg or Mark Meyer.

They can be reached at 301 907-8000 or Diane@Rosenberg-Assoc.com (x1111) and Mark.Meyer@Rosenberg-Assoc.com (x1114) .

Rosenberg & Associates, LLC is a law firm specializing in foreclosure, bankruptcy, title, litigation, eviction & REO default legal services for servicers and lending institutions throughout Maryland, Virginia and the District of Columbia.