Chapter 7 Lien Stripping Approved by Broward, Dade, and (now) Palm Beach County Judges

Strip Off Cram Down of 2nd Mortgage in Chapter 7 Bankruptcy

Attorney Emil Fleysher recently obtained one of the first Chapter 7 Lien Strip Orders in Palm Beach County

Following the watershed case of in re: McNeal, in which the 11th Circuit Court of Appeals ruled that fully unsecured 2nd mortgages, Home Equity Loan Liens, and other junior mortgages may be discharged and stripped off in Chapter 7 Bankruptcy, many debtors’ attorneys were unsure of how this ruling would play out with local South Florida judges covering Palm Beach, Broward, and Dade Counties.

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Florida Court Says Foreclosure Law Firms Can’t Charge for Serving “Unknowns”

A Florida Court recently held that Foreclosure Law Firms can no longer charge borrowers in Foreclosure for summons fees associated with "Unknown" parties

No more Unknown Spouses, Unknown Tenants, etc. in some Florida Foreclosure Courts

A foreclosure law firm violated state law by charging homeowners for summonses served on “John and Jane Doe” and other unknown parties who may have claims on the property. It is common practice for law firms to serve foreclosure paperwork on homeowners, as well as separate summonses for “unknown tenant,” or “unknown spouse,” even if the borrower is single and is not renting out the property.

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Miami Home Prices Are Up 11.3% in 2012

Home prices in the Miami area rose 11.3 percent in August from a year earlier, beating a national average gain of 4.6 percent. Excluding distressed sales, home prices in the Greater Miami area, including Miami, Miami Beach and Kendall, rose 9.9 percent in August from a year earlier. Miami area prices went up 0.1 percent in August from July.

Florida prices rose 6.9 percent statewide in August from a year earlier, or 6.3 percent excluding distressed deals.

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Any information on this website is not intended to be communicated as legal advice. All information contained on this site is general and intended for information purposes only. For detailed legal advice regarding your loan modification, foreclosure, and/or bankruptcy needs, please schedule an appointment with the attorney. The Law Office of Emil Fleysher, P.A. is a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.