Month: December 2014

Unpaid Assessments After Foreclosure, Who is Responsible?

Written By: Emil Fleysher | December 26, 2014 | Foreclosure
Now that the tidal wave of foreclosure diminishes, legislators and judges are adjusting the law. They are doing this to determine who will respond to pay past due balances, most of which are condominium fees. The Florida safe harbor provision puts a cap on unpaid condo assessments that are owned by “the first mortgagee or
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An Attorney's Challenge To A Foreclosure Order Was Supported By Advisory Panel

Written By: Emil Fleysher | December 15, 2014 | Foreclosure
An advisory committee to the Florida Supreme Court informed the Palm Beach Circuit chief judge that an administrative order that throws out certain motions in foreclosure cases as "abandoned" is a local rule. According to Florida Rules of Judicial Administration, a local rule is a rule of "practice or procedure" for trial court application only;
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Medical Debt Affects A Large Portion of Americans

Written By: Emil Fleysher | | Bankruptcy
In a new report of compiled data provided by the Consumer Financial Protection Bureau, close to 20 percent of U.S. shoppers are in debt. This is due to unpaid medical bills. The bills that insurance companies and hospitals are providing seem to confuse many Americans. That is, those for the cost of their treatments. This
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Loan Modifications Con-Man Gets Over A Decade In Federal Prison

Written By: Emil Fleysher | | Mortgage Loan Modification
Read how a con-man managed to cheat people in return for loan modifications. Jason Vitulano plead guilty and was sentenced to 11 years in federal prison. He also got an order to pay restitution of $5.9 million dollars in a West Palm Beach Courthouse. This is after running a boiler room scheme targeting troubled homeowners
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Home Price Gains Have Slowed Down

Written By: Emil Fleysher | December 9, 2014 | Foreclosure
September brought on the slowest rise in home prices while providing decent sale gains and more variety in sale inventory. According to the Standard & Poor’s/Case-Shiller index of home prices in 20 major cities, September marked a 4.9 percent increase; in comparison to a year ago but a 5.6 percent decrease compared to August. For
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