Bankruptcy and Foreclosure Proceedings

Our Miami bankruptcy law blog has extensively discussed how the economy and foreclosure crisis have devastated many families who have had to give up their Florida homes these past few years. To make matters worse, it was discovered last fall that many lenders and...

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...

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...

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...

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...

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 force...

During one of our posts earlier this month we wrote about how certain forms of cancer lead to a higher risk of bankruptcy. Today, we write about a new phenomenon with reverse causation. Instead of disease leading to financial hardship, a new study also shows that...

As we have mentioned in previous posts, Florida has one of the highest rates of foreclosures in the country. In recent months the total overall number of foreclosures has been down. While on its face this seemed like a good thing, it is most likely due to the...

Facing the prospect of losing your home to foreclosure is likely to make you frightened. When the prospect of losing your home to foreclosure is caused by a mortgage servicer's misconduct, those feelings of fright likely turn to anger. Florida residents might like to...

Making your mortgage payment on time can prove to be difficult if you are having financial troubles. When you are unable to make your mortgage payments, you will likely face foreclosure on your home unless you take proactive steps to stop foreclosure proceedings....