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 without
News
Bankruptcy Law Changes Make it Easier to Wipe Out Second Mortgages and Lines of Credit Against Your Home
Until recently, the only way a homeowner could wipe out a second mortgage or line of credit on his/her home was through the use of a Chapter 13 bankruptcy petition and plan that may require monthly payments for as long as sixty (60) months
THREE KEYS TO AN EFFECTIVE LOAN MODIFICATION
There are countless homeowners accepting loan modifications in which their resulting payment is actually higher than their original mortgage payment, and the resulting principal balance owed is far greater than the home is worth
The Unique Fee Structure of Our Firm vs. Others for Foreclosure Defense
A major concern for many people facing foreclosure is the amount of money they will have to pay to hire an experienced and qualified attorney to defend their interests. Let’s face it, most people in foreclosure are already struggling to pay their bills. This can make it very difficult to hire an attorney to properly defend a foreclosure lawsuit.
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 […]
