November, 2014 | The Law Office of Emil Fleysher, P.A.

In October, Florida Had The Most REO’s In The Country

Written by Emil Fleysher | November 21, 2014 | Foreclosure

REO, REOs, Bank Repo, Bank Repossession, Property Repossession, Real Estate Owned, Repo Sale,

REOs were the highest in Florida during October of this year, although Maryland has the most foreclosure filings in the country.

Florida leads the states with the largest number of REOs, bank repossessions, in October 2014 according to RealtyTrac. Maryland, however, has taken the lead in the highest foreclose rates of the nation. There were 4,905 properties repossessed by banks in Florida, 2,000 less than that in California, Ohio came in third with 2,057, Illinois with 1,620, Maryland with 1,602 and four more states with more than 1,000 REO’s in October.

Bank of America Fights to Keep Second Mortgage From Being Void in Bankruptcy

Written by Emil Fleysher | November 19, 2014 | Bankruptcy

Bank of America, Second Mortgage, Foreclosure, Bankruptcy, Supreme Court, Discharge Second Mortgage, Void Second Mortgage, Nullify Second Mortgage,

Bank of America has appealed to the Supreme Court to make a determination of whether a second mortgage can be voided in a bankruptcy if the primary mortgage is underwater.

In a few days the Supreme Court will make a determination of whether homeowners who have filed bankruptcy are eligible to nullify a second mortgage assuming that the property’s market value is lower than the amount owned on the first mortgage.

For Nearly Three Years A Palm Beach County Woman Had Her Account Frozen

Written by Emil Fleysher | November 14, 2014 | Debt

debt collector, frozen bank account, debt settlement, remove freeze over account, Bank of Aerica, PNC Bank, BB&T,

A Palm Beach County woman fought for years trying to get Bank of America to unfreeze her bank account due to her husband’s debt collectors.

A Palm Beach County woman had her bank account frozen for nearly three years until a Broward County circuit judge ordered Bank of America to unfreeze it and BB&T to refrain from the pursuit of collecting fund from her account.

Florida Still Leading The County With Largest Amount Of ‘Zombie’ Homes

Written by Emil Fleysher | November 7, 2014 | Foreclosure

zombie foreclosure, zombie homes, foreclosure, foreclosure defence, fight to keep you property,

New foreclosure filings have been drastically reduced in Florida, but we are the leading State in the Country with the most Zombie foreclosure homes.

A new report states that although the number of abandoned foreclosed homes has been decreasing locally, Florida continues to surpass the rest of the country. By the end of the third quarter, the commonly named ‘zombie” homes in Palm Beach County are up to 2,749 which is around 35 perfect down from last year, stated RealtyTrac Firm.

Court Rules In Favor of Defendants In Foreclosure Cases With Robo-Witnesses

Written by Emil Fleysher | November 5, 2014 | Foreclosure

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Three recent foreclosure cases may have started a trend of Judges voting in favor of Defendants due to the bank’s robo-witnesses who are unable to set a foundation for the evidence that is being presented. at trial

The First District Court of Appeal has thrown out evidence presented in three foreclosure cases due to the lenders’ witnesses being unqualified to testify.