Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
During the month of April, foreclosure filings were down 53.7 percent in Miami-Dade County compared to filings during April 2010. Unfortunately, South Florida cannot link the decrease in filings to a housing recovery or better foreclosure prevention programs. Banks...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
This past year, it was discovered that many banks had failed to properly document thousands of foreclosures, resulting in wrongful repossessions of homes. Many homeowners in Florida were affected and foreclosure proceedings have since slowed down while banks attempt...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
In an earlier post in June, we mentioned that bankruptcy filings were down in the U.S. Bankruptcy Court Middle District of Florida. Between January and June of this year, filings are down 17.2 percent which translates into 5,877 fewer, compared to the same time frame...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
In our previous post we learned of the plight of one Florida family forced into foreclosure and ultimately bankruptcy after the birth of their disabled daughter. In this post we continue to explore the climate that enabled the bankruptcy to occur. In 2009, researchers...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
As most people are aware, the recent foreclosure wave hit Florida hard. Some lenders in Florida foreclosure lawsuits are adding insult to injury by pursuing deficiency judgments against some borrowers. The judgments — some for millions of dollars — could...
