Florida’s High-Speed Answer to a Foreclosure Mess

For Florida homeowners in underwater mortgages or with past due mortgages, the idea that lenders are more favorable towards work out a short sale solution is a great thing. If you own a home and might otherwise be falling into a foreclosure situation, then it is a good idea to investigate the short sale option.

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The walls surrounding the U-shaped bar were splashed with fading murals of Florida legends, yellowed like old photos. Banks started stuffing his mailbox with foreclosure slips. Eventually he’d owe.

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The article, Florida’s High-Speed Answer to a Foreclosure Mess, discusses Florida’s new foreclosures-only courts that have been set up to reduce the state’s backlog of foreclosures. It is arguable whether these courts are constitutional and whether they violate homeowners’ rights to due process.

As more senior Judges have more time to review the evidence, the legal presumptions sought by foreclosure mills and come to conclusions about the facts, they are increasingly suspicious about the claimant, the claim and the failure of proof of real facts. Kudos again to trial lawyer patrick giunta, Esq. with offices in Ft. Lauderdale, Florida.

Scott Coloney, president of America’s only Foreclosure Response team asks holly moody, Florida attorney with 30 years experience "why do you provide free foreclosure defense for short sale clients.

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Answer: In Florida, mortgages are foreclosed in equity, not at law. This means that the foreclosure claim shall be tried before a judge, rather than a jury. Therefore, if any counter-claims are filed by the borrower-homeowner, the courtwill hold a separate trial for any counterclaims against the foreclosing mortgage.

Attached is a blank Answer form You have 28 days to file an Answer File the original and one copy with the Clerk of Court Copies of your Answer must be mailed to the Plaintiff’s attorney and to all other Defendants If you do not file an Answer, the other side will win and get a foreclosure

2010-09-08  · This has severely backed up the court system – it’s just inundated with foreclosure cases. This past Sunday, the New York Times ran the story “Florida’s High-Speed Answer to a Foreclosure Mess,” it was the front-page of the business section.

The point here being not about Wall Street as a whole, nor about the financialisation of the economy, high speed trading and most certainly. And the correct answer to this, as elsewhere when we.