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Florida Home Owners Stress Levels on the Rise: New Laws Mean Flood of 1099Cs, Foreclosure Upswing in 2012 – 2013

It’s very stressful to be a Florida home owner dealing with an underwater mortgage or defaulting on a home loan.  Your credit rating is getting zapped, there are all the collection practices by the mortgage lender to juggle, and then there’s the legal...

Florida Mortgage Holders: Has Anyone Explained to You About the Collection Efforts That You’ll Face When You Stop Making Your Home Mortgage Payments? Unfair Collection Activities in Florida Mortgage Defaults and Deficiencies

A nice article appeared in Reuters this week entitled, “What Happens When You Walk Away From Your Home?” that includes a brief discussion of things we post about here regularly:  underwater mortgages in Florida and elsewhere and the various issues that go...