Fleysher Law Blog

Tips for Foreclosure & Short Sale Buyers

After experiencing years of depression, Florida’s housing market is returning and contains many homes that are being marketed as either short-sales or foreclosures. For anyone interested in potentially purchasing one of these homes, the following information is critically important. First is the condition and price of the home. Since a foreclosure occurs because the home owner stopped paying their mortgage, they were likely unable to afford to maintain the home

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Foreclosure Attorney Foreclosure Defense Lawyer

New Foreclosure Cases in Palm Beach County Up 10% from April, Down 21% from May 2012

The latest statistics for Palm Beach County’s foreclosure filings are in. There were 1,067 new cases filed during May 2013, down 21 percent from May 2012 which had 1,356 new filings. The amount of new cases for May was only 45 less than those filed in February of this year. There were 962 new cases filed in April, 10 percent less than May of this year and 21.3 percent less

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Florida Foreclosure Defense Attorney Foreclosure Bill Speed Up Lawyer

Florida Foreclosure Bill Passes Legislature

Despite being defeated multiple times in past legislative sessions, the bill designed to speed up the foreclosure process passed the Senate on Friday, May 3rd with a 26-13 vote, largely along party lines. The bill has already passed the House and will go to Governor Rick Scott next for final approval. Concerns about the number of foreclosure cases clogging up the court system have been an ongoing issue for years.

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Independent Foreclosure Review Rust Settlement - Speak with a Florida FOreclosure Attorney

Lucky Few Floridians Get $125,000 from Foreclosure Settlement, Most to Get $300

The first wave of checks from the $3.6 billion dollar federal settlement will be mailed this Friday according to the Office of the Comptroller of the Currency and Board of Governors of the Federal Reserve System, with hundreds of thousands of them going to Florida residents. Out of the 4.2 million borrowers who will be receiving settlement checks, a lucky 1,100 residents nationwide will receive the maximum payout of $125,000

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Loan Modification Programs, Loss Mitigation Programs, Short Sale Programs

Loss Mitigation Programs Overview

In the wake of the housing crisis, lawsuits against lenders, and settlements between government entities and some of the world’s biggest banks, an alphabet soup of loss mitigation programs has emerged and re-emerged. To help make sense of all of the available programs and how they relate to your situation, I have prepared the below outline which describes substantially all of the major programs being offered on residential loans today.

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Florida Loses Top Foreclosure Spot to Nevada

Florida has ranked number one in the nation for foreclosure activity during the last 6 months, but now that run has ended. New statistics for March 2013 report Nevada as now being number one in the country. One in every 317 homes in Florida is in some stage of foreclosure, while statistics show one in each 306 homes in Nevada is in foreclosure. According to RealtyTrac, Florida had 12,100 new

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Fannie Mae & Freddie Mac Announce “No-Doc” Loan Modification Program

Beginning in July of this year, borrowers with mortgages owned or backed by Fannie Mae (FNMA) and Freddie Mac will be able to reduce their monthly payments without providing documentation regarding their income under a program introduced late last month. The program announced March 29, 2013 by the Federal Housing Finance Agency. It has been designed to curb losses to the government-owned Fannie & Freddie by letting borrowers that are

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Question regarding inherited IRA account exemption in bankruptcy

Bankruptcy Letter Question from a Visitor

Q: What does a “Notice of Chapter 7 Bankruptcy Case, Meeting of Creditors, & Deadlines” letter mean? The letter says I may be a creditor of the debtor and may need legal advice. Can someone explain this to me? Might be because the debtor owes me child support. Not sure what I need to do here. A: This notice means that a Chapter 7 Bankruptcy has been filed and you

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Question regarding inherited IRA account exemption in bankruptcy

Bankruptcy Filing Fee Waiver Question from a Visitor…

Q: Will the bankruptcy court let me file Chapter 7 Bankruptcy without paying the $306 filing fee? Right now I have NO money. The credit card company attached my bank account (through a law firm) for about 8 months before I closed my account!! My only income is SSI. Will the bankruptcy court let me file forma pauperis or will I be required to pay the entire fee? A: If

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