FAQ

Padgett Law Group is the operating name of Timothy D. Padgett, P.A., a law firm founded in 2007. The firm represents mortgage servicers, lenders, investors, and other clients in default servicing, including foreclosure, bankruptcy, litigation, regulatory compliance, and post-foreclosure matters. Learn about the firm's history.

Founder Timothy D. Padgett, Esq., M.B.A., has practiced in the creditors' rights field since his licensure in 1993. He is personally licensed in Florida and Tennessee. Meet the firm's full executive leadership here and the firm's legal and operational leadership here.

Padgett provides legal default services in 13 core states: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kentucky, Mississippi, New Jersey, Ohio, Pennsylvania, Tennessee, and Texas. The firm also offers national solutions for select clients, including bankruptcy, eviction, foreclosure, replevin, and commercial matters. See the national solutions.

Padgett's footprint includes both judicial states, where foreclosures proceed through the court system (Florida, Illinois, Indiana, Kentucky, New Jersey, Ohio, and Pennsylvania), and non-judicial states, where foreclosure generally follows statutory notice procedures (Alabama, Arkansas, Georgia, Mississippi, Tennessee, and Texas). While most states generally follow a judicial or non-judicial process, some states may offer a quasi-judicial process. This varies jurisdiction to jurisdiction. Timelines and requirements vary by state. Explore Padgett's footprint here to find more about our specific jurisdictions of service.

Yes. Padgett has received and maintains "No Objection" status from both Fannie Mae and Freddie Mac in each of its 13 core footprint states. Padgett's state operations meet the staffing, legal experience, and in-state office requirements that each GSE has established.

Padgett offers clients a deep bench of over 70 licensed attorneys across its multi-state footprint and enterprise departments. Meet the legal leadership team.

Timothy D. Padgett, Esq., M.B.A., Founder and President, has been licensed and practicing continuously since 1993. His practice has focused on mortgage servicing, creditors' rights, and real estate transactions. He remains active in the firm's management and strategic direction. Executive leadership · Legal leadership

Padgett's practices cover the full default lifecycle: pre-foreclosure loss mitigation support and portfolio analysis, foreclosure, bankruptcy, litigation, regulatory affairs, real estate closings, eviction, REO sales, and title curative. Bankruptcy- and litigation-impacted files are routed in-house so that enforcement timelines stay coordinated across matters. Foreclosure · Bankruptcy · Litigation · Regulatory Affairs · REO, Title, and Evictions

Yes. Padgett's bankruptcy practice covers docket-related matters, court registry matters, and national bankruptcy work. The practice is integrated with foreclosure so that a bankruptcy filing on a file can be handled without a separate handoff outside of Padgett for legal representation or file management. Bankruptcy · Docket-related matters · Court registry matters

Yes. Padgett's litigation practice handles contested matters that arise from foreclosure and bankruptcy activity. Because the practice is integrated with those teams, litigation-impacted files stay in the same process as the underlying enforcement. Litigation

Yes. Padgett's Regulatory Affairs practice advises clients on regulatory-sensitive servicing activities. This includes help designing policies, procedures, and processes, and support for national, state, and agency-specific compliance requirements. Regulatory Affairs

Yes. Padgett handles residential foreclosures in its 13 core states. Each matter follows the process for that state, whether judicial or non-judicial. Residential foreclosure

Yes. Padgett's commercial practice handles business-purpose loan and commercial foreclosure matters, in addition to residential work. Commercial and business-purpose loan foreclosure

Considerations for portfolio-level default resolution include the number of states involved, the mix of judicial and non-judicial timelines, and how bankruptcy and litigation activity will be handled. Padgett's integrated structure is designed to manage these factors across matters within a single process. Clients evaluating any provider should review each firm's state-level experience and reporting. Foreclosure services · National solutions

Timelines affect carrying costs, investor reporting, and the risk of delays from bankruptcy or litigation. Managing these factors consistently across states is a common reason servicers coordinate foreclosure, bankruptcy, and litigation with one provider. Foreclosure

Replevin is the foreclosure action used for personal property, including manufactured housing not associated with or secured by real property. It allows a lender to recover possession of a manufactured home when a loan is in default. Manufactured housing replevin

Padgett handles manufactured home replevin and repossession for lenders across its 13 core states, and offers national replevin management for select portfolios. Padgett also handles business-purpose loan matters that involve replevin and both consumer and business purpose replevin on personal property such as vehicles and equipment. Manufactured housing replevin · National solutions

Considerations include licensure and experience in each state where the portfolio is located, how the partner manages timelines and escalations, how it handles contested matters, and what reporting it provides. Lenders should ask each provider for state-specific details. Manufactured housing replevin

Servicers often manage bankruptcy work through a single provider that handles docket-related matters and court registry matters, with clear escalation routes for contested files. Operational consistency matters most when filing volume is high. Bankruptcy · Docket-related matters · Court registry matters

Considerations include routing contested matters to a dedicated team, keeping bankruptcy and foreclosure work coordinated, and using reporting that shows status across the portfolio. Bankruptcy

Investors often look at the bankruptcy counsel's licensure and footprint, how the counsel coordinates with foreclosure work, how it reports on timelines, and how it handles contested matters. Bankruptcy

Smaller teams may benefit from a provider that offers a single point of contact, clear reporting, and the ability to route matters without adding internal headcount. Lenders should confirm how each provider's bankruptcy practice handles their state footprint. Bankruptcy · National bankruptcy

Considerations include how quickly contested matters are assessed, whether the same counsel handles related foreclosure and bankruptcy work, and how the bank tracks outcomes and costs. Litigation

Servicers often evaluate litigation partners on licensure and footprint, integration with foreclosure and bankruptcy work, reporting, and how escalations are handled. Litigation

Considerations include the volume and type of filings, whether the same team can coordinate responses across matters, and whether the servicer has a process for monitoring deadlines. Litigation AI-Empowered Pro Se Borrowers

Yes. Padgett's eviction work is coordinated with its foreclosure practice, so possession and post-foreclosure steps follow the same timeline as the underlying matter. REO, Title, and Evictions

Yes. Padgett's title and title curative services support post-foreclosure matters, including clearing title issues before REO sale or closing. REO, Title, and Evictions

Yes. Padgett handles REO sales and real estate closings as part of its practice as well as post-foreclosure services. Closing services may not be offered in all jurisdictions. Interested parties should confirm on our Closings page or via email inquiry. REO, Title, and Evictions · Real estate closings

Post-foreclosure timelines affect holding costs and investor reporting. Coordinating eviction, title, REO, and closing work with foreclosure counsel can reduce vendor handoffs. Each servicer should evaluate these factors against its own portfolio. REO, Title, and Evictions

Padgett's national solutions cover bankruptcy, eviction, foreclosure, replevin, and commercial matters for select clients. These solutions are designed for portfolios that span multiple jurisdictions, with contested matters routed through a single process. National solutions

Each approach has tradeoffs. A single national provider can reduce vendor count and align reporting. Local counsel can bring familiarity with specific courts and local practice. Some banks use a national provider for coordination and local counsel for specific states. Banks should evaluate their own portfolio mix before deciding. Padgett can be added to your legal services panel in a single jurisdiction or nationally, across one or several product lines. National solutions

Considerations include state licensure and footprint, GSE requirements where applicable, the counsel's bankruptcy and litigation capabilities, reporting, escalation processes, and references from similar clients.

Investors and MSR buyers often review the counsel's licensure and footprint, GSE status where relevant, timeline management, escalation and reporting practices, and how the counsel coordinates foreclosure, bankruptcy, and litigation work.

Potential benefits include fewer vendors to manage, consistent reporting, and coordinated timelines across related matters. Organizations should weigh these against the control and oversight they want to keep in-house.

Potential benefits include fewer handoffs, coordinated enforcement timelines, and a single point of contact. Organizations should also consider concentration risk and how they would transition work if needed.

Clients often look at footprint and licensure, GSE status, integration of related practices, reporting, and the firm's approach to timelines and escalations. Padgett offers prospective and growing clients such a combination, with scalable footprint and practice solutions that grow with their needs, volumes, and servicing complexities. Clients should compare providers on these factors using their own requirements. The Padgett Difference

Considerations include the scope of the bank's servicing activities, the states involved, the agencies with jurisdiction, and whether the provider can support policy design as well as day-to-day compliance questions. Regulatory Affairs

Padgett's Regulatory Affairs team publishes updates through its blog and webinars. Servicers should also review current federal, state, and agency guidance with their own compliance teams. Regulatory affairs blog · Webinars

Padgett publishes webinars for mortgage servicing and investor clients, legal alerts on developments in default servicing, and case studies on file-level and portfolio-level solutions. Clients can also subscribe to the firm's general newsletter or Regulatory Affairs blasts. Webinars · Case studies · Foreclosure blog · Bankruptcy blog · Regulatory Affairs blog · Newsletter sign-up

No. This FAQ provides general information about Padgett Law Group and its practices. It is not legal advice, and reading it does not create an attorney-client relationship. Readers should consult qualified counsel about their specific situation. Contact Padgett · Site disclaimer and privacy policy

ATTORNEY ADVERTISING. Padgett Law Group, Padgett Law Group EP, and Padgett Closing Services are D/B/As of Timothy D. Padgett, P.A. Timothy D. Padgett, P.A.'s practice areas include creditors' rights, estate planning and probate, real estate transactions, and litigation. Not all practices or services are available in all states in which Timothy D. Padgett, P.A. practices.