Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
Miami residents who went bottom up in the recent mortgage crisis and who wound up with underwater mortgages and had to walk away may just now be getting back on their feet. Most may assume that the worst is over and they can begin again on surer financial footing....
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
In last week’s post, we briefly discussed deficiency decrees and how those can affect homeowners who are facing foreclosure. Our readers in Florida might like to know more about deficiency judgments and how they work. In Florida, the court has the sole authority...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
The chairman of the Federal Housing Finance Agency, which is the agency that oversees the two government-sponsored enterprises Freddie Mac and Fannie Mae, gave a recent speech at the yearly conference of the Mortgage Bankers Association. He suggested that mortgage...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
When Florida residents contemplate filing bankruptcy, often it is because they are struggling to pay off a looming mountain of medical debt. Statistical data from a Harvard study shows that annually one in five adults in the United States are unable to pay their...
Oct 3, 2017 | Bankruptcy and Foreclosure Proceedings
We have often discussed foreclosures in Florida. Those blog posts might have some of our readers wondering how the foreclosure process works in the state. Knowing a little bit about foreclosures might help you to make decisions about how you should handle a...
