On behalf of our Florida clients with BP oil spill claims we are pleased about a recent victory, but the fight is still underway. The well known BP oil spill settlement agreement reached in mid-2012 shortly before trial resulted in a settlement claims procedures and formulas that were intended to…
Just as our Tampa Bay, Florida BP oil spill claims are heading toward the finish line, the rules are changing. We believe the new narrower guidelines will likely have a larger impact on our Florida based claims due to the increased distance from the oil spill than states such as…
The new foreclosure bill that went into effect in Florida July 1, 2013 will be a trap for the unwary once the mortgage companies get their cases together and start to file foreclosure lawsuits under the new law. Thy’ve started trickling in, but not enough yet to gain any real…
Fannie Mae and Freddie Mac’s position is that they will not agree to a principal reduction in a mortgage modification. So our Florida foreclosure defense and bankruptcy clients are out of luck when their home is worth a lot less than the balance owed. This is their position even after…
A three judge panel federal court ruled recently against Dell Computer when Dell continued to use an automated dialing system to make debt collection calls to a consumer. This consumer had written Dell asking it to stop calling her cell phone. Dell ignored the letter. The 3rd Circuit Court of…
Traditionally in Florida, doing a short sale rather than allowing a foreclosure sale to occur is considered much better for your credit. Not so much difference in credit score per se, but mostly for future governmental financing when it is time to buy a home again. You may think who…
There are new TPD (disability) regulations going into effect on July 1, 2013 to help our student loan clients in Florida and elsewhere. These new changes apply only to applications received after July 1, 2013. In a nutshell, the significant changes are designed to make an application much more streamlined!…
Bank of America simply cannot get it right. Our Tampa, Florida law firm sees violations regularly whether it involves foreclosure or bankruptcy. Of particular note these violations are all one way and they put money in BofA’s pocket. If they were truly errors, wouldn’t they immediately be corrected once pointed…
Another tool to help Florida homeowners keep their home and avoid foreclosure will be available this summer. Only Fannie and Freddie owned mortgages are eligible, but starting July 1, 2013, a new streamlined program is being rolled out to help modification efforts. This program will eliminate the strenuous income documentation…
Short sales are good for a number of reasons: 1) many homes are underwater 50% or more and it could be a decade or more to get in a position of having even a dollar of equity; 2) most short sales will result in a written waiver of deficiency of…