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An Orlando foreclosure attorney can help your short sale | Banrkuptcy Blog

Are you an Orlando homeowner in foreclosure? Are you trying to short sale your home? Then you should hire an attorney to help you defend the foreclosure.   Here are the reasons why: REASON 1:  You are more likely to get a better short sale deal if you are defending the…

Risks of Foreclosing Without an Attorney

Orlando homeowners trying to fight and defend foreclosure without a foreclosure defense attorney should know that it can be harmful to your financial health.  A new program requires banks and servicing agents that foreclosed on Orlando homeowners to undergo audits to determine if the homeowner suffered financial harm as a result of the…

How to fight foreclosure – Florida rules require fast response

Knowing how to fight foreclosure requires an in depth understanding of the Florida Rules of Civil Procedure.  A mortgage foreclosure is a type of civil action, and civil lawsuits are governed by these rules.   The rules require that a homeowner who decides to fight foreclosure must file a written response…

Should Orlando homeowners hire an attorney to defend mortgage foreclosure?

Hiring an Orlando mortgage foreclosure defense attorney may be the smartest decision some Orlando homeowners make this year.  Last week, the Orlando Sentinel reported that mortgage foreclosure filings increased in September by a whopping 42%, after banks flooded the courts with an additional 3,209 mortgage foreclosure lawsuits.  The only good news to this statistic…

Texting and Driving in Florida – it is not (yet) illegal

I don’t think any driver who spends time on the road in Florida could argue that Driving While Texting isn’t dangerous. As reported in USA today, last Friday, 31 states, plus D.C., have given law enforcement officers the authority to issue tickets for this unsafe behavior. Florida has not…

For sale: underwater homes in Orlando bankruptcy court – banks get them cheap!

A bomb was dropped today on a roomful of Orlando bankruptcy lawyers who were attending the Central Florida Bankruptcy Law Association’s annual seminar.  The newsflash deals with what mortgage companies are doing to snatch the  homes of families who are seeking debt relief in chapter 7 bankruptcy court.  It all has…

You can help stop mortgage foreclosure in Orlando – sign a petition today!

Have you noticed that mortgage foreclosure in Orlando is still occurring at record levels? Isn’t it time that someone do something about all the underwater homes in our community? Well you can – Sign the petition to support an intelligent solution! The National Association of Consumer Bankruptcy Attorneys is advocating for…

A good day in chapter 13 bankruptcy court – stripping a lien, saving a home

Today was a good day for my client, who has been in chapter 13 bankruptcy since January of this year: her chapter 13 plan was approved by the bankruptcy court.  When she first came to my office to speak with a bankruptcy attorney , she didn’t know she needed a…

Orlando foreclosure and filing bankruptcy – saving a home

Orlando home foreclosures and Orlando bankruptcies have been the subject of a lot of news.  As with many topics of widespread interest, misinformation and myths have sprouted regarding what a bankruptcy can do for homeowners going through a mortgage foreclosure. Today, a very distressed couple consulted with me regarding their…

Retirement accounts are safe in bankruptcy court

Senior couple on boat with mountains in background taking Savings for retirement, in the form of 401(k), IRA, and other government sponsored savings accounts, are for most people their most precious financial asset. That is why the bankruptcy laws give special protection to these savings accounts.…

Mortgage modification in Orlando’s Chapter 13 Bankruptcy Court

Mortgage modification was first introduced by the Obama administration as a solution to mortgage crisis in 2008.  Since that time, the program has been criticized as a failure, due probably in part to the fact that banks are not required by law to actually grant…

Solution for the underwater home crisis in Orlando

Underwater homes are a local crisis and many Orlando homeowners are feeling the pain. President Obama wants to sell and rent all the homes that have been taken back from families that could not longer afford their mortgage payments in this challenging economy. However, the National Association…

Florida homestead exemption – generous, but not unlimited

saving a home and keeping property are key concerns of people who are considering bankruptcy.  Most homeowners are relieved to learn that  the Florida homestead exemption allows them to keep 100% of their home equity.  Without a doubt, a homeowner can keep their home even while discharging their…

How to keep a car in chapter 7 bankruptcy – Reaffirmation agreements

Keeping a car in a chapter 7 bankruptcy can be tricky.  If you still owe money on your car loan, the lender has the right to re-possess your car if you stop making payments on the loan.  Filing bankruptcy prevents the lender from taking any action…

Orlando Chapter 7 Bankruptcy not for everyone

Chapter 7 bankruptcy is the fastest legal way to discharge unmanageable debt.  However, many people who come to me for advice on filing bankruptcy are surprised to learn that they earn too much income to qualify for this form of debt relief.  This week, I…

Chapter 7 bankruptcy exemptions – getting it all under the umbrella

Understanding Chapter 7 bankruptcy exemptions is crucial for anyone considering bankruptcy.  A chapter 7 bankruptcy is based on a simple agreement with the bankruptcy court: surrender your property and you will receive a complete discharge forever for most debts, including credit card debt, mortgage debt, car loans, personal loans,…

Defending mortgage foreclosure is not a crime in Orlando

Feeling bad about being in mortgage foreclosure? There’s certainly no reason to feel guilty about defending a mortgage foreclosure lawsuit.  Read this. While Florida homeowners lose their homes in foreclosure,  top dogs at a Florida based mortgage company will get a new home in prison.  This…

Orlando homeowners in foreclosure find comfort in another study

Many Orlando residents are considering “strategic default” and voluntary foreclosure to fix their “underwater home” problem.  Earlier this week I reported on a survey by the National Association of Independent Landlords, showing that most non-corporate landlords are OK with renting to families and individuals who…

Orlando Mortgage Foreclosures in the News

Mortgage foreclosures in Orlando and the state of Florida are in the news again.  The Orlando Sentinel reported this month that the Orlando metro area saw an 18 percent increase in forelclosure-related filings from March to April, ranking Orlando 36th nationally. There was an even higher increase, 39%,…

Good News for Orlando Homeowners in Foreclosure

Many Orlando homeowners are experiencing the trauma of loosing their homes in foreclosure.  I see this in my practice every week – there’s no doubt that toxic mortgages, job loss, and other circumstances that have created a foreclosure crisis in the Orlando housing market.  Often with the help of…

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