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Fast track foreclosures could have high costs

    Home Real Estate Law Fast track foreclosures could have high costs
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    Fast track foreclosures could have high costs

    By joncoats | Real Estate Law | Comments are Closed | 1 August, 2013 | 0

    wftv.com |

    “Facing one of the largest backlogs of foreclosures in the state, central Florida’s Ninth Circuit Court has cleared 41 percent of its backlog since June 2012.

    However, new numbers obtained by Eyewitness News show the court entered May 2013 with 28,000 cases still pending and another 1,000 new cases filed every month.

    Add into this mix more than $5 million from the state to help the courts hire staff to speed up foreclosures and a newly signed “fast-track foreclosure bill” and critics say what you have is a system poised to force many more families out of their homes and many more homes into the market.”

    Learn more

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    • Home
    • Attorney Information
      • Jon B. Coats Jr.
      • Ryan Schmidt
      • J. Patrick Walsh
      • Martha Bolton
      • Alexis Moore
      • Kimberly Sproat
      • Amanda Drummond
    • Practice Areas
      • Business Litigation and Transactions
      • Concierge Legal & Advisory Services
      • Corporate Intelligence & Due Diligence Investigations
      • Condo & HOA Representation
      • Real Estate Litigation and Transactions
      • Probate, Wills, Trusts and Estate
      • Commercial Loan Documentation
      • Landlord / Tenant
      • Foreclosure Defense
    • Resources
    • Blog
    • Contact Us
    Coats Schmidt, P.A.