March broke the 17-month high everyone was riding on with an increase in foreclosed homes.
According to a study by RelatyTrac March had an increase of foreclosure activity, reversing months of declines. February had 4,577 filings in the tri-county area but during March the foreclosure filings went up to 6,329 for the tri-county area. The filing counts as a repossession, a judgment, or a new foreclosure lawsuit.
The tri county area has had significant decrease in bankruptcy petitions during March 2015.
Personal bankruptcy filings have dropped 16 percent between February and March throughout South Florida. This is according to the Sun Sentinel with data that was released in Miami by the U.S. Bankruptcy Court. There were 2,389 new bankruptcy petitions filed by South Florida residents in February but only 2,008 files in March.
Lawyer Emil Fleysher | Featured Attorney Foreclosure
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.