Judicial foreclosure exists in nearly every state in the United States. Generally, a lender initiates a foreclosure action when the property owner/borrower has failed to make mortgage payments. In a judicial foreclosure, the lender must go through the court system, filing a complaint and serving the borrower. In most states, the court will then either [...]
Entries Tagged as 'Florida'
December 12th, 2011 · No Comments
September 12th, 2010 · No Comments
Recently, I returned to my car after running an errand and discovered one of those dreaded parking ticket envelopes under my windshield wiper. Yes, the meter had expired, but when I opened the envelope, it was empty. Elation mixed with confusion – had I received a parking ticket or not? Was the empty envelope some [...]
February 27th, 2009 · 1 Comment
Foreclosure, foreclosure, foreclosure! It seems that no matter who you are or where you live, foreclosures have become a part of our everyday landscape. In the fallout of bad loans and a deepening economic crisis, an unprecedented amount of Americans now face losing their homes to foreclosure. We see it in newspapers, hear it on [...]