Collections

Duensing, Casner, Dollison & Fitzsimmons represents two of the three major lending institutions in the U.S. Virgin Islands as well as a number of stateside banks, loan servicers and businesses of all sizes with collections. Unlike the majority of states, the U.S. Virgin Islands does not presently permit non-judicial mortgage foreclosures, including mortgages secured by condominiums or timeshares. Our foreclosure practitioners are familiar with all the nuances of collection law, including the subtle differences between the St. Thomas/St. John Division and the St. Croix Division of both local and federal court systems.

Although this jurisdiction is small by stateside standards in terms of population and geographic area, the diversity and size of collection matters here run from small unsecured debts to foreclosures secured by hotel resorts, condominium complexes and large commercial developments.

It is our standard practice to provide status reports to our clients on a routine basis detailing the current phase of all foreclosure actions. These are intended to provide the client with an ongoing perspective of actions taken as well as anticipated issues or strategies in each suit.

E-mail: Matthew J. Duensing, Richard Dollison, or Michael Fitzsimmons.