1. When does the Statute of Limitations begin to run? The Statute of Limitations begins to run when the bank files a Complaint to foreclose or otherwise affirmatively communicates acceleration of the balance of the loan to the borrower in writing. 2. How has Florida ruled on it? One Florida court has held that when a first foreclosure action is […]
Gov. Rick Scott must decide soon whether he will sign into law a bill designed to speed up the residential mortgage foreclosure process. Supporters of House Bill 87 say they hope it will help ease a foreclosure backlog and rejuvenate the housing sector. But there is cause for alarm as the bill could push homeowners out of their residences without the due […]
The following Miami Herald Op-Ed was written by Roy Oppenheim and is being republished in the South Florida Law Blog. Florida proposed legislation – HB 87 and SB 1666 – which backers claim will clear the backlog of foreclosure cases in Florida instead invites bank fraud and creates more problems by putting speed ahead of justice. The backlog is blamed on foot dragging by homeowners. In reality, banks are […]
Oppenheim Law TV 12 January 12:00 – 13:00 EST With home prices down, retail sales up and the stock market surging, Florida Foreclosure Defense Attorney Roy Oppenheim predicts the headwinds and tailwinds for the 2011 real estate economy at his next Foreclosure Defense Workshop on January 12, 2011 streaming live from Boca Raton, FL.