On August 21, 2009, the Florida Office of Financial Regulation issued an Emergency Cease and Desist Order which demanded that Ocala-based Taylor Bean & Whitaker cease all its operations in the State of Florida, including the prosecution of foreclosure cases.
The Order details the Office of Financial Regulation’s efforts to get TBW to comply with previous [...]
Entries from August 27th, 2009
Taylor Bean & Whitaker Ordered to Cease All Operations- Including Foreclosure
August 27th, 2009 · 1 Comment · Foreclosure
Tags:Foreclosure·taylor bean an whitaker case·taylor whittaker cease foreclosure
Signature Place In St. Petersburg, Unsound at Any Price!
August 23rd, 2009 · 4 Comments · Foreclosure
On Sunday, August 23, 2009, the St. Petersburg Times published an article which detailed the troubles dogging the Signature Place Condominium in Downtown St. Petersburg. http://www.tampabay.com/news/business/realestate/high-stakes-battles-for-st-petersburg-high-rise-signature-place/1029883 The article contained quotes from Joel Cantor, the project’s developer and designer where Cantor tried to dispel many of the negative rumors and speculation surrounding the project, but his [...]
Tags:Foreclosure·foreclosure st petersburg·signature place in st pete
Fight Foreclosure, Hire a Foreclosure Attorney
August 21st, 2009 · No Comments · Foreclosure
A recent survey published in the Wall Street Journal reports that one in eight US households with mortgages was in foreclosure or behind on mortgage payments during the second quarter. While foreclosures against subprime loans have slowed, loans extended to borrowers with good credit have picked up in recent months as unemployment is affecting stronger [...]
Tags:fight foreclosure·Foreclosure·foreclosure attorney·foreclosure defense
Pinellas Foreclosures Surge In July, 2009
August 18th, 2009 · No Comments · Foreclosure
A total of 1358 foreclosure cases were filed in Pinellas County during the period July 1, 2009 to August 1, 2009. While this figure is high, it is fascinating that the number is not that much greater than the number of foreclosures that were filed during the same period in 2008 or 1118. Having said [...]
Tags:fight foreclosure·Foreclosure·foreclosure 2009·pinellas foreclosures
Mortgage Modification a Solution to Foreclosure? Don’t Hold Your Breath!
August 16th, 2009 · No Comments · Foreclosure
Across the country there were a record 2.25 million foreclosures filed in 2008, and 1.5 million filed from January to June 2009. These numbers are only going to increase, especially in Florida where one in every 33 homes are in some stage of the foreclosure process. (Nationally the rate is one in 84.)
I currently represent [...]
Bankruptcy, Homeowner’s Association Dues and Code Enforcement Liens
August 12th, 2009 · No Comments · Foreclosure
Homeowners wishing to walk away from their debt obligations have long turned to the “fresh start” provisions of the Federal bankruptcy code which allows them to discharge most debts and obligations and start thier lives fresh and debt free after the bankruptcy is discharged.
One type of debt which is not covered by the fresh start [...]
Short Sales, Deed In Lieu and 1099-C Tax Liability
August 11th, 2009 · 2 Comments · Foreclosure
A critical question affecting homeowners who are caught in a foreclosure problem is whether they will face 1099-c tax liablity from the IRS. In short, if the lender has a mortgage on your home for $200,000 and the home is sold in foreclosure and the bank only recieves $100,000, the lender will issue to the [...]
Tags:1099-c·deed in lieu·short sale·short sales·tax liability
Concerns About Foreclosure Scams? Florida’s Attorney General Wants to Help!
August 9th, 2009 · No Comments · Foreclosure
As an attorney representing clients in foreclosure throughout Pinellas, Pasco and Hillsborough Counties, I meet clients every week who have been targeted by mortgage modification, foreclosure rescue or other real estate-related scams. Florida Attorney General Bill McCollum has formed an Interagency Task Force made up of representatives from dozens of public and private agencies who [...]
Tags:concerns about foreclosure·florida attorney·foreclosure scams
Deed In Lieu of Foreclosure, Short Sale Or Walk Away? Which is Better?
August 6th, 2009 · No Comments · Foreclosure
When a homeowner is in foreclosure and does not desire to stay in the home, but merely wants to walk away from the home and the mortgage they are faced with three options;
1) just walk away and don’t work with the lender at at all;
2) convince the lender to accept a deed in lieu of [...]
Foreclosure Cases That Don’t Allege Capacity to Sue Should Be Dismissed.
August 5th, 2009 · No Comments · Foreclosure
I’ll answer the specific question, “Who has the right to file a foreclosure lawsuit in ?” in a bit, but I want to begin from another direction. The first question a competent attorney should ask is, “Does the plaintiff who is suing my client have the right to file a lawsuit in Florida against my [...]
