Mortgage Fraud
The recent severe decline in property values in South Florida and beyond have led to the largest increase in foreclosure filings in U.S. history. Since December 2007 to the end of 2010, there was a 735% increase in foreclosures. Since 2007, more than 3 million homes have been repossessed through foreclosure in the United States and by 2013 it is projected by industry experts at Realty Trac that we will reach 6 million homes lost to foreclosures. Foreclosure cases in South Florida, for example, increased by 400% from 2007 to 2009. Many homeowners that see these numbers simply choose to give up their homes
News
SoFla Woman’s 2-Year Battle Gets Mortgage Wiped Out
In an effort to save her mother?s home, Idania Castro waged a two-year battle with the bank. With the help of attorney Omar Arcia, she won her case
Three Reasons Why You Should Hire a Law Firm to Complete a Successful Short Sale
Recently our law firm has been retained by numerous clients who are being sued by their former lender after completing a short sale of their homes
Arcia Law Firm Obtains Another Huge Principal Reduction!
Two years ago, Rick and Joyce Taylor hired the Arcia Law Firm right before a hearing for final judgment of foreclosure of their family home in Port St. Lucie. Like in many of our cases, the Arcia Law Firm filed all necessary documents with the Court, and filed a Counterclaim against the Bank based on [...]
Publications
Tips for Beating the Bank in Foreclosure Proceedings
By Omar J. Arcia, Esq.Foreclosure Defense and Bankruptcy Protection Attorney From December 2007 to present, South Florida has experienced a 400 percent increase in foreclosure filings, and 1 out of every 197 homes in the United States is undergoing a foreclosure proceeding. In view of these staggering statistics, most homeowners simply give up the fight [...]
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