This page was written, edited, reviewed & approved by Emil J. Fleysher following our comprehensive editorial guidelines. Emil J. Fleysher, the Founding Partner, has 15+ years of legal experience as a bankruptcy attorney. Our last modified date shows when this page was last reviewed.
Foreclosure filings are expected to begin increasing in Florida again. So, the state court system has a multi-year plan to deal with the hundreds of thousands of expected new filings. The backlog of cases is expected to grow by another 380,000 cases by 2016. This is when foreclosures should return to their normal rate of 70,000 cases per year.
The plan to deal with the new filings is basically the same program that the Legislature funded in 2011. It puts case managers and senior judges online to manage the backlog. The courts would ask for funding year by year. And, only for what it expects to need for the next fiscal year. The plan will not include non-judicial foreclosure. That is because this would be unlikely to help as this would only apply to future mortgages. Just doing non-judicial foreclosure does nothing to help alleviate the backlog problem.
Proposals to correct problems with the state’s existing expedited foreclosure process were also in discussion. Bills have been submitted addressing foreclosures. They seek to allow HOAs to be able to ask the court to move a foreclosure case along. Then, clear up issues when the mortgage note is missing. And, the lender is relying on affidavits to prove ownership of the mortgage. Lastly, address frivolous defenses raised by homeowners.
If you have questions about foreclosure, loan modification, bankruptcy, or other alternatives; please feel free to call my office at 954-484-9987. Or, send an e-mail to emil@fleysherlaw.com, or complete the contact form below.
Emil specializes in consumer bankruptcy, debt settlement, and mortgage modification, offering a holistic approach to solving mortgage and debt problems. Emil listens to clients, understands their circumstances and goals, and helps them make the right choices by presenting all options and contingencies.
He is dedicated to helping South Floridians regain their financial freedom from overwhelming debt caused by high interest credit cards, bad mortgage loans, and uninsured medical expenses.
"*" indicates required fields
