by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures, Florida Law, Florida Real Estate, Foreclosure Rescue, Loan Modification, Real Estate, Underwater Mortgage
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... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Foreclosure Fraud, Foreclosure Rescue, Home Loan Fraud, Loan Modification, Real Estate, Short Sales, Underwater Mortgage, Wrongful Foreclosure
This week, the proposed Florida Fair Foreclosure Act got one step closer to becoming law when the Florida State Senate Judiciary Committee okayed the foreclosure bill. In the near future, the Florida Legislature should be voting on this proposal and you can track the... by Larry Tolchinsky | Debt Collection - Mortgages, Florida Foreclosures, Foreclosure Fraud, Loan Modification, Short Sales, Underwater Mortgage
In Florida, countless home owners are facing the lose of their home to foreclosure because they can’t continue to make their mortgage payments due to lost jobs, medical expenses, and other life events. Other home owners have mortgages that are much, much larger... by Larry Tolchinsky | Debt Collection - Mortgages, Deficiency Judgments, Florida Foreclosures
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... by Larry Tolchinsky | Deficiency Judgments, Florida Foreclosures, Florida Real Estate, Real Estate, Short Sales, Underwater Mortgage
As discussed in our earlier post, a major tax break will end on December 31, 2012, that helps Florida home owners facing foreclosures, negotiating loan modifications, or working on a short sale of their home. For several years, a federal law has exempted the amount...