Bankruptcy Attorney Suspended for Overcharging Clients
By: Emil Fleysher | March 4, 2015 |
Bankruptcy
The biggest bankruptcy attorney in Pennsylvania is now under accusations of overcharging hundreds of his clients. And, misspending thousands of dollars. One victim, Sharon Kaluzny, had to file a Chapter 13 bankruptcy after a tough divorce. Moreover, caring for sick parents forced her to close down her hair salon in 2006. Ms. Kaluzny paid Mr.
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Florida “Zombie” Foreclosures Are The Highest Throughout The Nation
By: Emil Fleysher | February 12, 2015 |
Foreclosure
Throughout the U.S., Florida has the highest number of “zombie” foreclosures. “Zombie” foreclosure is a term for properties that are under foreclosure but have been abandoned. There are only 36,000 pending “zombie” foreclosures, which is a 35 percent decline from this time last year. However, other states are also experiencing the same; such as California,
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Clerical Error Costs Bank Foreclosure Case
By: Emil Fleysher | February 3, 2015 |
Foreclosure
A clerical error cost Bank of America a four-year foreclosure case when it should have been something clear-cut. In 2009 the plaintiff was granted a final judgment against the defendant Heather Epstein. She moved out of the property the following year. And, Bank of America took over the property with a new certificate of title.
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Defective Paperwork Should Win You The Case, But That's Not Necessarily True
By: Emil Fleysher | January 28, 2015 |
Foreclosure
One could assume that defective paperwork would cost the lender their case. But, it doesn’t necessarily mean that because it depends on which judge is handling it. For BAC Home Loans Servicing LP, mishandled documentation during the height of the robo-signing cost them a foreclosure judgment against homeowner Rosanie Joseph. This was because they failed
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How Late Is Too Late To Foreclose?
By: Emil Fleysher | January 12, 2015 |
Foreclosure
Florida has a five-year statute of limitations for mortgage foreclosures. This means that the lender can file a foreclosure lawsuit within five years. This is possible if a borrower defaults on his or her payments. But this leaves the question of whether the clock restarts if there is a case dismissal. Or, if the time
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Reality Star Sent To Prison For Bankruptcy Fraud
By: Emil Fleysher | January 7, 2015 |
Bankruptcy
A cast member of the Real Housewives of New Jersey, Teresa Giudice, has begun serving her 15-month sentence for bankruptcy fraud. Mr. and Mrs. Giudice plead guilty to hiding assets from bankruptcy creditors. And, for submitting fraudulent loan applications to retrieve $5 million in mortgages and construction loans. Mr. Giudice also pleaded guilty to failing
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The Consumer Financial Protection Bureau's Rules Are Being Defied
By: Emil Fleysher | January 2, 2015 |
Foreclosure
A Miami foreclosure defense attorney is getting ready to challenge lenders in court. He claims they are in violation of federal mortgage servicing rules that took place in January. He’s currently working on postponing several foreclosure sales referring to rules that the Consumer Financial Protection Bureau, or CFPB, issued to protect borrowers. His office will
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Unpaid Assessments After Foreclosure, Who is Responsible?
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
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
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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