Despite Defendant's Answer & Counterclaim, Judge OKs Foreclosure Judgment In Only Six Weeks Against Boca Temple, Religious School

In West Palm Beach, Florida, the South Florida Business Journal reports:

• Only six weeks after filing a foreclosure lawsuit against Chabad of Boca Raton, Wells Fargo Bank won a judgment that has set the temple and Jewish school up for auction.
  
  
• The bank (NYSE: WFC) filed a foreclosure lawsuit on May 4 against the nonprofit Friends of Chabad of Boca Raton and Torah Tots Academy. On June 14, Palm Beach County Circuit Judge David J. Crow awarded the bank a $2.2 million foreclosure judgment after finding that Chabad was in default on a $2 million mortgage, plus interest.
  
  
• Six weeks is incredibly fast for a court system that often takes years to decide a contested foreclosure. It only usually happens that fast if it is an uncontested case, but Chabad filed an answer and counterclaim. Aventura attorney Phyllis Malinski, who represents Chabad of Boca Raton in the case, could not be reached for comment.
  
  
• The 23,112-square-foot building on 3.1 acres at 17950 Military Trail is set for online auction July 26. Chabad of Boca Raton holds religious services there. It also hosts its Hebrew school, its Torah Tots pre-school and its Camp Gan Israel summer program. The building was constructed in 1999.

Source: Wells Fargo sends Chabad of Boca Raton to foreclosure auction.