by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Law, Local Lawyers, Short Sales
Here in Florida, more and more deficiency judgment collection efforts are being pursued by lenders and debt collectors, even though the associated foreclosure or short sale happened several years back. And, to make matters worse, and confusing, Florida borrowers have... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures, Short Sales
Quick Update on Florida Deficiency Collection Efforts Recently, we have been receiving calls about Vantium Capital – Strategic Recovery Group – which is a Texas based company who is trying to collect on old Florida foreclosure judgments. In the files I... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures
I received a call today about another debt collector seeking to beat the July 1, 2014 deadline for collecting on old deficiency judgments – Collins Asset Group, LLC – a company located in Austin, Texas. The documents I reviewed were from a 2008... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Dyck O'Neal, Florida Foreclosures, Foreclosure Rescue, Local Lawyers
According to the new Florida Fair Foreclosure legislation, the deadline for a bank to sue a defaulting home owner for the amount left on a mortgage after a foreclosure (the deficiency) was changed from 5 years to 1 year, regardless of when the cause of action accrued.... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Foreclosure Fraud, Foreclosure Rescue, Loan Modification
Updated: 9/11/18 Florida foreclosures are still a big problem for Florida borrowers; Florida homeowners; Florida lenders; and everyone else in the State of Florida impacted by the Florida housing industry or Florida real estate market. Yes, that’s pretty much everyone... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Dyck O'Neal, Florida Foreclosures, Foreclosure Fraud, Home Loan Fraud, Loan Modification, Short Sales, Wrongful Foreclosure
Last Update: 08/01/16 In Florida, when the mortgage balance is more than the sales price of a home in foreclosure, there is a “deficiency” – stated another way – the deficiency is the amount due the lender when the sale proceeds in a short sale...
