FANNIE MAE AND FREDDIE MAC SUSPEND FORECLOSURE SALES IN FLORIDA

  FANNIE MAE AND FREDDIE MAC SUSPEND FORECLOSURE SALES IN FLORIDA In September of 2017, Florida experienced it’s second major hurricane episode within the past year. Hurricane Irma caused extensive damage to major population centers in Florida, including Jacksonville. A federal disaster declaration was issued just prior to the storm making landfall in the Florida […]

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HURRICANES AND BANKRUPTCY: HOMEOWNERS BEWARE OF HIGH DEDUCTIBLES

HURRICANES AND BANKRUPTCY FILINGS: HOMEOWNERS BEWARE OF HIGH DEDUCTIBLES In September of 2017, Florida experienced it’s second major hurricane episode within the past year. Hurricanes Matthew and Irma both caused extensive damage to major population centers in Florida. The damages ranged from falling trees to complete flooding of homes. In any situation, the homeowner may […]

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ZOMBIE DEBT RETURNS WITH A TWIST

ZOMBIE DEBT ISSUES IN CHAPTER 13 CASES Zombie debt appears to be making a comeback due to some recent Court rulings involving Chapter 13 bankruptcy cases. Recently, there was a Supreme Court ruling which prohibited the filing of an FDCPA action against a debt collector in Chapter 13 cases where a “stale” claim had been […]

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Taylor King named Super Lawyers Rising Star 2017

Taylor King has been selected to the 2017 Florida Rising Stars list. Each year, no more than 2.5 percent of the lawyers in the state are selected by the research team at Super Lawyers to receive this honor. Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers from more than 70 practice […]

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POST MORTGAGE MODIFICATION ISSUES IN CHAPTER 13 CASES

POST MORTGAGE MODIFICATION ISSUES IN CHAPTER 13 CASES Some disturbing trends appear to making a comeback in the Chapter 13 mortgage sector. It was hoped that the trend towards modifying loans in Chapter 13 cases would reduce the number of issues associated with the servicing of loans during Chapter 13 bankruptcy. In the past, servicers […]

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BANKRUPTCY PREDICTIONS FOR 2017: TIPPING POINT FOR CONSUMER CREDIT COMING SOON?

BANKRUPTCY PREDICTIONS FOR 2017: TIPPING POINT FOR CONSUMER CREDIT COMING SOON? Each year our office looks at the coming trends for consumer bankruptcy to figure out if bankruptcy filings are on the rise of will continue to fall. Recently, our office and some of the latest National figures show a modest increase in filings for […]

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THE END OF HAMP MODIFICATION PROGRAM AND CHAPTER 13 MODIFICATION OF MORTGAGES IN CHAPTER 13

THE END OF HAMP MODIFICATION PROGRAM AND CHAPTER 13 MODIFICATION OF MORTGAGES IN CHAPTER 13 As most people are aware, the federal HAMP modification program ended on December 31, 2016. That means that if you did not get your application in to your servicer prior to that date, there is no opportunity to modify your […]

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SUBPRIME AUTO LENDING BUBBLE ABOUT TO POP?

SUBPRIME AUTO LENDING BUBBLE ABOUT TO POP?             A recent New York Times article looked at the rising percentage of auto loan delinquencies in the “sub-prime” auto lending marketplace. The article can be found here: http://www.nytimes.com/2016/11/30/business/dealbook/as-auto-lending-rises-so-do-delinquencies.html?_r=0   This article combined with a recent USA Today story regarding subprime delinquencies in auto loans paints a grim […]

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THE RETURN OF THE MEDICAL BANKRUPTCY AFTER TRUMP ELECTION?

THE RETURN OF THE MEDICAL BANKRUPTCY AFTER TRUMP ELECTION?             The internet is awash in euphoria and dire predictions over the election of Donald Trump as President. One thing that is sure to change with the election is the number of people covered by health insurance and subsidies to allow health insurance coverage is set […]

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MORTGAGE RESCUE FRAUD: WHY CHOOSE SCAMS OVER CHAPTER 13 BANKRUPTCY?

MORTGAGE RESCUE FRAUD: WHY CHOOSE SCAMS OVER CHAPTER 13 BANKRUPTCY?             More sad news for distressed homeowners recently. Mortgage foreclosure scams are still prevalent and still costing people their homes. Two recent articles point out the dangers associated with these scams: http://www.presstelegram.com/general-news/20160825/long-beach-pastor-admits-to-running-3-million-mortgage-scam http://www.housingwire.com/articles/37821-florida-attorney-general-fights-alleged-foreclosure-fraud-firm             Unfortunately, the story is all too familiar: A family is in […]

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