In July, Florida recorded more foreclosure activity than any other state in the nation, according to the real estate data firm RealtyTrac. Nine of the top 10 metropolitan areas with the highest rate of foreclosures were florida cities. florida has ranked number one in foreclosure-related activities for three consecutive months.
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The head of one of Florida’s well-known so-called foreclosure mill law firms has agreed to state bar discipline that will require him to close down his law office. Marshall C. Watson has also agreed.
Acting U.S. Attorney Benjamin G. Greenberg. U.S. Senior District Judge James I. Cohn sentenced two men charged with running fake foreclosure defense firms to 63 months in prison for conspiracy to.
The economic crimes division of the Florida attorney general’s office is investigating whether possible wrongdoing by three law firms may have played a role in obtaining thousands of mortgage.
Foreclosure law in Florida continues to develop at an aggressive pace. Florida’s appellate courts generate a volume of case law every year, providing a need for the addition of new chapters and expanded discussions to this guide.
At Florida Law Advisers, P.A. our foreclosure defense attorneys have helped many homeowners prevent a foreclosure and lower their monthly payment by filing for bankruptcy. Bankruptcy is a useful tool, but it may not be the right solution for everyone.
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Foreclosure law in Florida has developed with unprecedented speed over the past five years. While the Rules of Civil Procedure and the Rules of Evidence govern foreclosure actions just as they do any civil action, the volume of pending foreclosures alone can make this area of practice feel like the Wild West.
How are Florida mortgages foreclosed? In Florida, the lenders go to court in what is known as a judicial foreclosure proceeding where the court must issue a final judgment of foreclosure. The property is then sold as part of a publicly noticed sale. The court with jurisdiction over a foreclosure is known as the Circuit Court.
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A foreclosure sign in front of a home in Miami, Florida.. Legal filings in the case show Hardest Hit received the returned payments from Third.