#florida foreclosure cases

[mfi-miami]

I Beat My Foreclosure. How Do I Get My Lender To Pay Up?

I Beat My Foreclosure In Florida. How Do I Get My Greedy SOB Lender To Pay My Legal Bill?  Can I get my lender to pay legal fees if I prevail in a foreclosure case? So now you have bragging rights. You are one of the few homeowners in Florida who can hold their head up high and proclaim, “I beat my foreclosure!”  So, now you’re feeling euphoric. Your head is spinning with million different…

[justinspoliticalcorner]

Sam Levine at The Guardian:

A judge dismissed a bankruptcy case filed by the Gateway Pundit on Wednesday, saying the far-right outlet did not file the case in good faith. The ruling from US bankruptcy judge Mindy Mora in the southern district of Florida comes as the outlet faces significant defamation cases from two Georgia election workers and a former Dominion Voting Systems employee who say the site spread false claims about them after the 2020 election.

Calling the site’s assets “eye-catching”, Mora noted that they were 22 times the size of its liabilities. The company reported nearly $3.1m in revenue in 2023. “TGP remains both balance sheet and cash flow solvent. There is no present financial distress, no looming foreclosure sale, no prospect of a market crash. There is only the State Court Litigation in which TGP must defend itself. That’s not a basis for bankruptcy relief; it’s the justice system in operation,” Mora wrote. The proceedings had also revealed that the company may have been operating in Florida for three years without a proper business license and could owe back taxes to the state, Mora wrote in her 28-page ruling. The Gateway Pundit declared bankruptcy on 24 April saying it was doing so as a litigation strategy in the defamation cases filed against it. Filing for bankruptcy pauses all civil proceedings against a business. The bankruptcy dismissal means the defamation cases can probably continue.

The bankruptcy filing came as lawyers representing Ruby Freeman and Shaye Moss, the two election workers, were completing discovery in their defamation case and had informed the company it intended to take depositions of the Gateway Pundit founder Jim Hoft and his twin brother, Joe Hoft, who is a contributor. “This is a common tool for reorganization and to consolidate litigation when attacks are coming from all sides. It allows TGP to consolidate this lawfare in one court for ultimate resolution,” Jim Hoft wrote at the time. “While we greatly appreciate the Judge’s careful consideration of the facts of this case, we believe some of the findings are not supported by the existing law or underlying circumstances presented at the hearing or otherwise contained within the record. The Debtor continues to consider its options and will move forward in its legal and business path,” Bart Houston, a lawyer representing the company, said in a statement.

The defamation cases are being closely watched because they are testing whether US libel law can be an effective tool to combat misinformation. The collateral bankruptcy cases are seen as an effort to try to avoid accountability for lying. A judge earlier this month also dismissed a bankruptcy case filed by Rudy Giuliani, who was ordered to pay the two Georgia election workers $148.1m for defaming them last year. After the 2020 election, the Gateway Pundit published several articles falsely saying that Ruby Freeman and her daughter Shaye Moss, both election workers in Fulton county, Georgia, were involved in a plot to scan ballots multiple times and steal the election. The claims were immediately debunked and both women have been cleared of any wrongdoing. The false claims were amplified by Giuliani and other Trump allies and became central to their efforts to overturn the election results. When Trump called Georgia’s top election official and asked him “to find 11,780 votes”, he mentioned Freeman by name.

Judge Mindy Mora dismissed far-right propaganda outlet The Gateway Pundit’s bankruptcy filing on Wednesday because the company filed it for bad faith reasons.

[dertaglichedan]

The writer said he was an identity thief — a ring leader on the dark web, with a network of “worms” placed throughout the United States.

In an email to The New York Times, he said his ring preyed on the dead, the unsuspecting and the elderly, especially those from Florida and California, using birth certificates and other documents to discover personal information that aided in their schemes.

“We figure out how to steal,” he said. “That’s what we do.”

Recently, the writer suggested, the group had turned its attention to a major target: the estate of Lisa Marie Presley, which last week faced a threat that Graceland was about to be foreclosed on and sold by a mysterious company, Naussany Investments & Private Lending LLC.

Media outlets often receive unsolicited emails from people who make outlandish claims. But this email arrived Friday in response to one sent by The Times to an email address that Naussany listed in a legal filing sent to a Tennessee court reviewing the foreclosure case.

In its email, The Times referred to the company’s claim that Ms. Presley had borrowed $3.8 million from it, using Graceland as collateral. In the responses, which came from the email address The Times had written to, the writer described the foreclosure effort not as a legitimate attempt to collect on a debt, but as a scam.

“I had fun figuring this one out and it didn’t succeed very well,” the email writer said. He said he was based in Nigeria and his email was written in Luganda, a Bantu language spoken in Uganda. But the filing with the email address was faxed from a toll-free number designed to serve North America; it was included in documents sent to the Chancery Court in Shelby County, Tenn., where the foreclosure case is still pending

[anewswire]

Plaxico Burress Net Worth, Biography, Career, Income, Home & Age

  What is Plaxico Burress' Net Worth? American professional football player Plaxico Burress has a $1 million fortune. Wide receiver Plaxico Burress spent 12 seasons in the NFL. Before joining the Pittsburgh Steelers again for his final NFL season, he originally played for the New York Giants, New York Jets, and Pittsburgh Steelers. Burress defeated the previously unbeaten New England Patriots in the Super Bowl XLII while playing for the Giants. Burress is also relatively well-known for a gunshot incident from 2009 in which he unintentionally shot himself in a nightclub in New York City. According to reports, Burress entered a club with a loaded gun and shot himself in the thigh. Two days later, he handed himself up on charges of unlawful possession of a pistol. Because of the ongoing legal saga, the Giants released him. Burress agreed to a plea agreement that resulted in a two-year jail sentence. He has engaged in a number of additional court cases including claims of moving violations, auto accidents, and contract violations with automobile dealerships. Career Earnings Plaxico Burress earned approximately $29.5 million in salary over the course of his NFL career. Here is a breakdown of his salary by year: - 2000: $1.23 million (including signing bonus) - 2001: $450,000 - 2002: $550,000 - 2003: $650,000 - 2004: $2.2 million - 2005: $1.5 million (including signing bonus) - 2006: $6.75 million - 2007: $3.29 million - 2008: $3.46 million - 2009: Did not play (suspended) - 2010: Did not play (suspended) - 2011: $3 million - 2012: $925,000 Total career earnings: ~$29.5 million Financial Problems In Totowa, New Jersey, a 5,500 square foot estate was purchased by Plaxico for $1.5 million in 2005. The property was reportedly in foreclosure in 2018, a year after Burress allegedly stopped making mortgage payments. For $999,00, the house was sold in 2015. Early Life Plaxico Burress was born on August 12, 1977 in Norfolk, Virginia. He has two brothers. As a teenager, Burress attended Green Run High School in Virginia Beach, and graduated in 1996. He went on to spend one year at Fork Union Military Academy. Collegiate Career When he was in college, Burress played football for Michigan State. As a Spartan, he was an immediate success, catching 65 passes in his debut season to set a new mark for the most in a single Big Ten Conference season. The following year, Burress outperformed himself with 66 receptions for 1,142 yards and 12 touchdowns. He had 131 receptions, 2,155 receiving yards, and 20 touchdown catches in his two seasons at Michigan State. With a school-record 13 receptions for 185 yards and three touchdowns in a victory over the University of Florida in the 2000 Citrus Bowl, Burress wrapped up his undergraduate career. Pittsburgh Steelers The Pittsburgh Steelers selected Burress with the eighth overall pick in the 2000 NFL Draft. His role in a historic mistake, in which he spiked a ball he thought was dead but was actually live, allowing the Jacksonville Jaguars' Danny Clark to recover it and gain 44 yards, made his first season with the team somewhat difficult. Burress improved in his second season with the Steelers, breaking the 1,000-yard barrier. However, his best season was his third with the team, with new career highs in receptions (78) and yards (1,325). Burress also participated in his first playoff game. Altogether, Burress recorded 261 receptions for 4,164 yards and 22 touchdowns during his five seasons and 71 games with the Steelers. New York Giants In 2005, Burress shifted to the New York Giants. His first season with the organization was productive; he caught 76 receptions for 1,214 yards, which helped the Giants win the NFC East. In the end, the Carolina Panthers eliminated the team in the first round of the playoffs. Burress set a new career best in touchdowns in 2006, scoring 10 despite playing in only 15 games due to injuries. His best NFL season may have been the following one, when he assisted the Giants in their run to Super Bowl XLII. The Giants defeated the previously unbeaten New England Patriots 17-14 after Burress grabbed the game-winning touchdown pass. Burress was unhappy with his salary after his outstanding performance in Super Bowl XLII and refused to participate in mandated mini-camp practices with the Giants. In his opinion, he received a lower salary than other notable NFL receivers. He was briefly suspended in September 2008 after failing to arrive for work. Burress eventually made a comeback, but not before receiving four fines for various unsportsmanlike conduct offenses. In the midst of his accidental shooting court case, he played his final game with the Giants in late November before being released by the team in April 2009. Final Playing Years With the New York Jets, Burress returned to the NFL in 2011. Before re-signing with his first squad, the Steelers, in late 2012, he spent one season with the group. He grabbed a touchdown pass from quarterback Ben Roethlisberger on December 30 for the first time since 2004. The pass was a 12-yard score. Burress later agreed to a contract to stay with the Steelers until 2013. Nevertheless, his NFL playing career came to an end when he was placed on injured reserve in August after tearing his rotator cuff during practice. Legal Troubles Over the years, Burress has run into numerous legal issues. The most serious incidents happened in late 2008 and early 2009, starting with his unintentional self-inflicted gunshot wound at the LQ nightclub in New York City. When Burress grabbed for a revolver that had become loose in his pants pocket, the gun shot into his right leg. He spent a short time in the hospital before turning himself in to the police, who had strangely not been informed of the occurrence. Burress only had a Florida concealed carry license that had expired, it turned out. He was charged by a Manhattan grand jury in the summer of 2009 with two counts of second-degree felony criminal possession of a firearm and one count of second-degree misdemeanor reckless endangerment. Burress later consented to a plea agreement that included a two-year prison term and an extra two-year period of supervised release. He finally served 20 months before being freed in 2011. Beside the unintentional shooting event, Burress has faced other civil lawsuits for a variety of reasons, such as failing to uphold a publicity arrangement with Chevrolet, which had also leased him a car that was wrecked, and for allegedly inflicting lasting harm on a woman whose car he struck. Then, in 2015, Burress ran into difficulties after being charged by the State of New Jersey with failing to pay income taxes. He might have received a conditional jail sentence and up to five years of probation during his sentencing hearing in early 2016. Personal Life In 2005, Burress married Tiffany Glenn. The couple has a son named Elijah and a daughter named Giovanna, and lives in Totowa, New Jersey.   Read the full article

[mfi-miami]

Florida Foreclosure Defense Strategies That Will Stop A Lender

Florida Foreclosure Defense Strategies That Will Prevent Your Lender From Taking Your Home The following Florida foreclosure defense strategies can act as a way to bar a lender from taking your home. However, there are other factors you need to keep in mind. Florida judge assigned to your foreclosure case could be a wild card. Most judge don’t want to hear foreclosure cases especially from…

[wedesignyouny]

What to Expect When the Foreclosure Moratorium Ends in New York - Ronald D. Weiss, P.C.

What to Expect When the Foreclosure Moratorium Ends in New York

If you are a homeowner in New York and are behind on your mortgage, there are some things to know about what may happen when New York’s Foreclosure Moratorium ends.

The federal foreclosure moratorium

As part of the CARES Act, the federal foreclosure moratorium was to help keep people from losing their homes in the middle of a pandemic. When the federal moratorium ended (July 31, 2021, with an extension to September 30 for those with a federally protected mortgage) Several states, including New York, stepped in with foreclosure moratoriums of their own. 

New York’s foreclosure moratorium end date

Unless there is yet another extension, New York State’s foreclosure moratorium will be ending on January 15, 2022. What happens after that deadline remains to be seen. However, we can look at other states that have ended their foreclosure moratoriums and get an idea of what we can expect.

What’s happening in other states

Based on reports from this October by RealtyTrac, Illinois, Florida, and New Jersey, have the highest rates of foreclosure. Florida did not have a state-wide foreclosure moratorium. Illinois did, and it expired on October 3rd. New Jersey’s moratorium expired on November 15th.

While it seems odd that two states that had foreclosure moratoriums in place have such a high foreclosure rate, remember that these moratoriums were for people directly affected by COVID. Any other reasons to foreclose on a property were still valid, even in the middle of the pandemic. Also something else to take into account…

“As expected, now that the moratorium has been over for three months, foreclosure activity continues to increase,” said Rick Sharga, executive vice president at RealtyTrac, an ATTOM company. “But it’s increasing at a slower rate, and it appears that most of the activity is primarily on vacant and abandoned properties, or loans that were in foreclosure prior to the pandemic.” Click here to read the entire report -  https://www.attomdata.com/news/market-trends/foreclosures/attom-october-2021-u-s-foreclosure-market-report/

The states with the lowest foreclosure rates were South Dakota, West Virginia, and Montana – none of which had a statewide moratorium in place.

While foreclosure rates are rising across the country, it is increasing slower than initially feared. It appears a combination of lenders working with their customers, and various state-level grants, are helping slow foreclosures down.

What to expect in New York

New York State has had the longest foreclosure moratorium in the country – but all good things come to and end. If your mortgage was in forbearance prior to the pandemic, you will probably be in the first wave of foreclosures once the state moratorium ends. But even then, you may have some breathing room. New York state usually has a rather long time line for processing foreclosures through the system, averaging over 400 days https://www.ny-bankruptcy.com/what-to-expect-in-a-ny-foreclosure-case-how-long-will-it-take-to-resolve/. However, with a two year long back up currently in the courts, not to mention personnel shortages at many financial institutions, the timeline from first filing to judgement may be much, much longer.

What to do if you feel your home is in danger of foreclosing

Since there are so many variables, the best option you have is to contact a lawyer experienced with foreclosure defense, distressed mortgages, mortgage modifications, short sales, foreclosure avoidance, and negotiation/debt settlement.

Reach out to New York attorney Ronald D. Weiss, P.C, for a free consultation. He can guide you through the available options for your specific needs. Working together, you can find the right choice. Ron can get the process started and will be at your side the whole time. Call 631-271-3737 and take the first step to a fresh start.

[jaxdebtrelief]

Bankruptcy: Providing Relief from Overwhelming Debt in Jacksonville

In the bustling city of Jacksonville, financial challenges can arise unexpectedly, leaving individuals and businesses grappling with overwhelming debt burdens. Amidst such circumstances, understanding the role of bankruptcy becomes crucial in providing relief and paving the way toward financial recovery. At Higginbotham Bankruptcy Law Firm, we specialize in navigating clients through the complexities of bankruptcy law, offering tailored solutions to help alleviate financial stress and secure a brighter financial future.

Exploring Bankruptcy Options

When faced with mounting debt and financial hardship, exploring bankruptcy options can offer a lifeline for individuals and businesses alike. Bankruptcy is a legal process designed to help debtors manage or eliminate debt, providing a structured framework for debt resolution while offering protection from creditor actions. Within Jacksonville's dynamic economic landscape, knowing how bankruptcy can serve as a viable solution is paramount.

Chapter 7 Bankruptcy: Liquidation and Debt Discharge

One of the primary avenues for individuals seeking relief from overwhelming debt is Chapter 7 bankruptcy. Also known as liquidation bankruptcy, Chapter 7 involves the sale of non-exempt assets to repay creditors, followed by the discharge of remaining eligible debts. For individuals in Jacksonville struggling with unmanageable debt loads and limited income, Chapter 7 can provide a fresh start by wiping out qualifying debts such as credit card balances, medical bills, and personal loans.

Chapter 13 Bankruptcy: Repayment Plans and Debt Restructuring

For those with a regular income but facing foreclosure, wage garnishment, or other financial challenges, Chapter 13 bankruptcy offers an alternative path toward debt relief. Through Chapter 13, individuals can create a court-approved repayment plan spanning three to five years, allowing them to catch up on missed mortgage payments, car loans, and other secured debts while potentially reducing unsecured debt amounts. In Jacksonville, Chapter 13 serves as a strategic tool for debt restructuring and regaining financial stability.

Bankruptcy and Foreclosure Defense in Jacksonville

In a region where homeownership is a significant aspect of financial stability, the intersection of bankruptcy and foreclosure defense holds immense relevance. Many individuals facing foreclosure due to job loss, medical emergencies, or other unforeseen circumstances can benefit from the protective measures afforded by bankruptcy law. By filing for bankruptcy, homeowners in Jacksonville can halt foreclosure proceedings through an automatic stay, providing valuable time to explore alternatives such as loan modifications or short sales.

Navigating Bankruptcy Law with Higginbotham Bankruptcy Law Firm

At Higginbotham Bankruptcy Law Firm, we recognize that each client's financial situation is unique, requiring personalized strategies and diligent advocacy. Our team of experienced bankruptcy attorneys in Jacksonville is committed to guiding clients through every step of the bankruptcy process, from initial consultations to case resolution. We prioritize clear communication, legal expertise, and compassionate support, ensuring that clients feel empowered and informed throughout their journey towards debt relief.

Bankruptcy: A Path to Financial Renewal

In the realm of financial challenges, bankruptcy often emerges as a beacon of hope, offering individuals and businesses the opportunity to reset their financial trajectory. For residents of Jacksonville grappling with overwhelming debt, bankruptcy serves as more than just a legal process—it represents a chance for renewal and a fresh start. At Higginbotham Bankruptcy Law Firm, we believe in the transformative power of bankruptcy, guiding our clients toward brighter financial horizons with expertise, empathy, and unwavering dedication.

Understanding Bankruptcy's Impact on Credit and Assets

One of the common concerns individuals have about filing for bankruptcy is its impact on credit scores and assets. While bankruptcy does have implications on credit reports and asset liquidation, its long-term benefits often outweigh these concerns. In Jacksonville, our bankruptcy attorneys work closely with clients to assess the potential consequences of bankruptcy, offering insights into credit-rebuilding strategies and asset protection measures to minimize adverse effects.

Debunking Bankruptcy Myths and Misconceptions

Navigating the complexities of bankruptcy can be daunting, compounded by myths and misconceptions that abound in public discourse. At Higginbotham Bankruptcy Law Firm, we strive to debunk common bankruptcy myths and provide clients in Jacksonville with accurate, reliable information. From dispelling fears of losing all possessions to explaining the nuances of bankruptcy exemptions, our goal is to ensure that clients make informed decisions based on facts rather than misconceptions.

Bankruptcy as a Legal Tool for Debt Relief and Protection

Beyond its immediate impact on debt discharge and creditor actions, bankruptcy offers valuable legal protections that can safeguard individuals and businesses from further financial turmoil. The automatic stay, for instance, halts collection efforts, creditor harassment, and foreclosure proceedings, granting breathing room for debtors to regroup and strategize. In Jacksonville's competitive economic landscape, understanding these legal protections is essential for leveraging bankruptcy effectively.

The Role of Legal Expertise in Bankruptcy Proceedings

Navigating the intricacies of bankruptcy law requires a deep understanding of legal statutes, court procedures, and case precedents. At Higginbotham Bankruptcy Law Firm, our attorneys bring years of specialized experience in bankruptcy law to the table, ensuring that our clients receive comprehensive legal representation. From conducting thorough financial analyses to advocating for favorable outcomes in bankruptcy court, our team is committed to securing the best possible results for our clients in Jacksonville.

Conclusion: Partnering for Financial Success

In conclusion, the role of bankruptcy in providing relief from overwhelming debt in Jacksonville extends far beyond legal processes—it embodies a journey of financial renewal and empowerment. At Higginbotham Bankruptcy Law Firm, we stand as trusted partners in this journey, offering expertise, compassion, and unwavering advocacy to help our clients reclaim their financial freedom. Whether facing Chapter 7 liquidation, Chapter 13 reorganization, or foreclosure defense challenges, we are dedicated to navigating the complexities of bankruptcy law with integrity and diligence. Together, we can turn the tide on financial hardship and pave the way for a brighter, debt-free future.

[internationalrealestatenews]

[ad_1] Rishi Kapoor believes he can promote Location Ventures' headquarters for extra money than the provide that's at present on the desk. Final week, the court-appointed receiver managing Coral Gables-based Location Ventures revealed she had negotiated a settlement to promote the corporate's workplace constructing at 299 Alhambra Circle to Stephen Bittel's Terranova Company by way of a pending foreclosures case. However Bernice Lee, the receiver, is dealing with opposition from Kapoor, who alleges Newfoundland is making an attempt to amass the property at a major low cost, in accordance with latest filings in Miami federal courtroom. The dispute is tied to an ongoing federal lawsuit in opposition to Kapoor, Location Ventures and its associates filed by the US Securities and Trade Fee. Lee and Kapoor's legal professional, Fred Schwartz, every declined remark. Motions filed this week present that Kapoor is prepared to place up a battle within the disposition of economic actual property belongings he as soon as managed as CEO of Location Ventures. In a movement filed on Monday, Kapoor requested that Chief US District Choose Cecilia Altonaga — who's presiding over the SEC civil case — postpones the sale to Terranova for 90 days. A Terranova declined to remark. “Let Mr. Kapoor, an acknowledged professional on successfully shopping for and promoting properties in South Florida, put out a name for affords and run a public course of to aim to market the property at a good worth,” Kapoor's movement states. “Maybe [Terranova] upon studying that they might lose the flexibility to construct a 'substantial redevelopment alternative' will return with a greater provide. Or maybe a unique purchaser will emerge from a good public providing.” An entity managed by Terranova CFO Scott Fitzgerald, which owns a delinquent mortgage secured by the 299 Alhambra Circle property, negotiated the proposed settlement with Lee. The five-story constructing was accomplished in 1958. In October, Terranova acquired the mortgage, data present. The earlier lender sued the Location Ventures entity that owns the property final 12 months for allegedly defaulting on the mortgage, which now stands at $13.8 million, together with curiosity and charges. The proposed settlement settlement particulars the recipient consenting to a closing judgment within the foreclosures case. In alternate, Terranova pays $100,000 to the Location Ventures entity and can agree to use roughly $300,000 in lease that's being held in escrow to the mortgage debt, courtroom filings present. Final week, Kapoor's authorized staff knowledgeable Lee that Kapoor would drop any objections if Terranova releases him as a private guarantor on the delinquent mortgage. Terranova and its companions, Torose Equities and Lndmrk Improvement, personal a 13-story workplace constructing at 255 Alhambra Circlewhich is adjoining to the Location Ventures headquarters. In his movement on Monday, Kapoor alleges that previous to his stepping down as Location Ventures CEO final 12 months he had discussions with Torose Equities principal Scott Sherman to promote the constructing at 299 Alhambra Circle. On the time, the property was listed on the market for $22 million with CBRE. Terranova, Torose and Lndmrk had been concerned about redeveloping each workplace buildings into a brand new mixed-use constructing of 16 or 17 tales, using Florida's Reside Native Act, the movement states. The deliberate growth would have places of work and flats, Kapoor alleys. “Mr. Sherman believed, as Mr. Kapoor did, that the quickly rising workplace rental charges in Coconut Grove and Brickell would push up the rental returns in Coral Gables,” the movement states. “When the constructing was listed with CBRE, a 'carve out' was included for Mr. Sherman's group, who had been discussing a gross sales worth within the 'higher teenagers' with Mr. Kapoor.” Sherman didn't reply to a request for remark. Terranova, Torose

and Lndmrk ended efforts to buy the constructing at 299 Alhambra after Kapoor resigned as CEO final summer time. On the time, Miami-Dade's actual property group perceived that Location Ventures was “having a fireplace sale” of all its properties, the movement states. As a substitute, Terranova bought the 299 Alhambra property's delinquent mortgage “seemingly to acquire the constructing at a worth a lot decrease than that mentioned months earlier than,” the movement alleges. The doc additionally claims that the final appraisal of the property, carried out in 2022, was for $18.5 million. For the reason that property was listed, Location Ventures obtained affords of between $11 million and $14.5 million. The very best bidder was beneath contract to purchase the constructing, however backed out in January, courtroom filings state. In a response on Tuesday, receiver learn dismissed Kapoor's recounting of his failed negotiations with Terranova and Torose as moot. Whereas it's “very seemingly” that Terranova acquired the delinquent mortgage “with the objective of minimizing the quantity they must pay to amass the property,” it does not change the truth that the mortgage is in default and is accruing to default rate of interest of practically $250,000 per thirty days, Lee's response states. “No higher provide has been obtained after practically 9 months of promoting,” Lee's response states. “Mr. Kapoor is just not genuinely concerned about preserving fairness for the recipient entities' traders. “He's solely involved with mitigating his personal private publicity to him.” Moreover, Kapoor and his legal professionals haven't responded to his suggestion that he put $13 million plus the per diem curiosity and different fees in a belief account whereas he pursues a greater provide, Lee's response states. [ad_2] Supply hyperlink

[surplusagentsforamericans]

Navigating the Legal Landscape: Understanding Florida Surplus Funds Laws

In the state of Florida, the process of foreclosing on a property can often result in what are known as surplus funds. These funds, which are generated when the final bid at a foreclosure auction exceeds the amount owed on the mortgage, are intended to be distributed to the rightful parties, including the former property owner and any lienholders. However, navigating the complexities of Florida surplus funds laws can be challenging, requiring a thorough understanding of the legal framework and procedures involved.

Under Florida law, surplus funds are held by the clerk of court following a foreclosure sale, and interested parties must file a claim to request their portion of the surplus. This process is governed by specific statutes and regulations designed to protect the rights of all parties involved and ensure fair and equitable distribution of the funds. However, the legal requirements and procedures for claiming surplus funds can be intricate, making it essential for individuals to seek guidance from experienced professionals familiar with surplus funds recovery agent in Florida.

One of the key aspects of Florida surplus funds laws is the priority of claims to the surplus funds. In most cases, the former property owner is entitled to the first portion of the surplus, followed by any subordinate lienholders or judgment creditors. However, there are exceptions and limitations to these rules, and the order of priority can vary depending on the specific circumstances of each case. As such, it's crucial for individuals seeking to claim surplus funds to understand their rights and obligations under Florida law.

Moreover, the process of claiming surplus funds in Florida involves strict deadlines and procedural requirements that must be followed precisely. Failure to comply with these requirements can result in the forfeiture of a claim to the surplus, making it imperative for individuals to seek assistance from qualified professionals who understand the intricacies of Florida surplus funds laws. By enlisting the help of a knowledgeable surplus funds recovery agent in Florida, individuals can ensure that their claims are filed accurately and in a timely manner, maximizing their chances of successfully recovering the funds owed to them.

In addition to filing claims for surplus funds, individuals may also encounter challenges related to locating and identifying surplus funds in the first place. In many cases, surplus funds are not automatically disbursed to the rightful parties, and individuals must take proactive steps to track down and claim their portion of the surplus. This can be a daunting task, particularly for those who are unfamiliar with the legal process or lack the resources to conduct a thorough investigation. Fortunately, surplus funds recovery agents in Florida specialize in locating and recovering surplus funds on behalf of their clients, streamlining the process and minimizing the stress and hassle associated with navigating Florida surplus funds laws.

Furthermore, surplus funds recovery agents play a vital role in advocating for their clients' interests throughout the surplus funds recovery process. From conducting research and identifying potential claims to negotiating with other parties and representing clients in court, surplus funds recovery agents work diligently to ensure that their clients' rights are protected and that they receive the funds owed to them under Florida law. With their expertise and dedication, surplus funds recovery agents provide valuable support and guidance to individuals seeking to navigate the complexities of surplus funds recovery in Florida.

In conclusion, Florida surplus funds laws govern the process of distributing surplus funds following a foreclosure sale, ensuring that the rights of all parties involved are protected and that the funds are distributed fairly and equitably. However, navigating the legal landscape of surplus funds recovery can be challenging, requiring a thorough understanding of the law and procedures involved. By enlisting the help of a qualified surplus funds recovery agent in Florida, individuals can navigate this process with confidence and maximize their chances of successfully recovering the funds owed to them.

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Gotham Collection Services

Navigating Financial Troubles in Venice, FL? Trust Our Bankruptcy Attorneys at Holland Law Firm

Creditor Harassment and Fair Debt - Are monetary weights burdening you in the tranquil city of Venice, FL? At the point when obligation becomes overpowering, now is the right time to look for the direction of experienced experts. At Holland Law office, strategically placed at 1401 Manatee Ave West, Suite 1010, we spend significant time in giving master liquidation and obligation protection administrations to assist you with recovering control of your monetary future.

At Holland Regulation we center around buyer insolvency and obligation protection and have workplaces all through the territory of Florida. We work in upholding our clients against.

The Path to Financial Freedom

Monetary difficulties can strike anybody, and Venice, FL occupants are no exemption. Whether you're confronting mounting Mastercard obligation, doctor's visit expenses, or other monetary difficulties, our group of devoted insolvency lawyers is here to direct you through the intricacies of the overall set of laws and track down the best answer for your special circumstance.

Holland Regulation Gathering P.A. - A novel law office work in chapter 11, obligation guard, obligation help, dispossessions, and leaser badgering

Our Comprehensive Services Gotham Collection Services

1. Bankruptcy Attorneys Venice FL Can Trust - Bankruptcy Venice FL

Exploring the chapter 11 cycle can be overwhelming, however with our gifted lawyers close by, you can confront it with certainty. We have practical experience in Section 7 and Part 13 chapter 11 cases, assisting you with picking the correct way to ease your obligation trouble while safeguarding your resources.

Searching for a chapter 11 legal counselor in Venice or Sarasota region? Holland Regulation Gathering P.A. is your law office! We handle insolvency, obligation guard and obligation helps.

2. Personalized Debt Defense Strategies - Sued by Velocity Investments

Only one out of every odd monetary emergency requires liquidation. At Holland Law office, we survey what is happening cautiously and give customized obligation safeguard methodologies. We want to haggle with leasers and find arrangements that lighten your obligation without falling back on chapter 11 whenever the situation allows.

We have some expertise in supporting our clients against obligation gatherers and it are fitting to petition for financial protection when the conditions. In the event that you are a named respondent

3. Foreclosure Defense - Sued by Cascade Capital

Assuming that you're in danger of losing your home because of dispossession, our accomplished group can assist you with investigating lawful choices to forestall this staggering result. We'll work energetically to safeguard your most important resource.

Sued by Outpouring Capital - We have practical experience in upholding our clients against obligation gatherers and it are suitable to petition for financial protection when the conditions.

4. Credit Repair Guidance - Sued by Absolute Resolutions

Revamping your monetary life after liquidation or obligation challenges is vital. We offer credit fix direction to assist you with further developing your FICO rating and recover your monetary autonomy.

Sued by Outright Goals - At Holland Regulation we center around buyer liquidation, obligation protection, and have workplaces all through Florida.

Why Choose Holland Law Firm?

1. Expertise You Can Rely On - Sued by Crown Asset Management

Our group of chapter 11 lawyers in Venice, FL, flaunts broad involvement with taking care of many monetary cases. We have a profound comprehension of the lawful scene and can give you the most ideal direction.

Crown Resource The executives, LLC, (or CAM) is a Georgia-based obligation assortment office, generally usually alluded to as a "garbage obligation purchaser." Crown Resource The board.

2. Compassionate and Client-Centered Approach - Sued by Portfolio Recovery Associates

We grasp the pressure and vulnerability that monetary difficulties bring. That is the reason we take a merciful and client-focused way to deal with each case. Your prosperity and monetary recuperation are our main concerns.

Frequently alluded to as "garbage obligation purchasers," Portfolio Recuperation Partners, and different organizations like it, buy remarkable obligations from different banks for pennies

3. Local Knowledge, Local Service - Sued by Jefferson Capital Systems

Holland Law office is well established in the Venice, FL people group. We have a significant comprehension of neighborhood regulations and guidelines, giving us an exceptional benefit in taking care of your case successfully.

Could it be said that you are a Florida Inhabitant? Could it be said that you are Being Annoyed or Sued by Jefferson Capital Administration? The Holland Regulation Gathering is here to help!

Take the First Step Towards Financial Freedom

Try not to let the heaviness of obligation keep you down any more. At Holland Law office, we're focused on assisting you with tracking down the best way to independence from the rat race. Our liquidation lawyers and obligation safeguard specialists in Venice, FL, are prepared to furnish you with the direction and backing you want.  Sued by Midland Funding LLC

We have workplaces all through Florida and we spend significant time in upholding our clients against obligation gatherers and petitioning for financial protection when the conditions.

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More Information - https://www.hollandlaw.com/

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Navigating the Appraisal Process: Your Guide for West Central Florida Home Purchases

Purchasing a home in West Central Florida is an exciting and significant life event. However, amidst the joyous anticipation, navigating the intricacies of the buying process can be overwhelming. One crucial aspect of securing your dream home is the appraisal. This document, prepared by a licensed professional, determines the fair market value of the property, ensuring both buyer and lender are protected.

Understanding the Role of an Appraisal:

An appraisal serves two primary purposes:

Protect the Buyer: By verifying the property's true value, the appraisal ensures you are not overpaying for your home. This minimizes the risk of financial strain and ensures your investment is sound.

Protect the Lender: The appraisal safeguards the lender's financial interests by guaranteeing the property's value is sufficient to secure the loan. This reduces the risk of foreclosure in case of default.

Types of Appraisals:

Different types of appraisals exist, each serving a specific purpose:

Full Appraisal: This comprehensive report analyses the property's interior and exterior, considering location, comparable sales data, and market trends. It is the most common type required by lenders for mortgage approval.

Drive-By Appraisal: This less detailed appraisal involves an exterior inspection and is typically used for refinancing or low-risk loans.

Desktop Appraisal: Based solely on data analysis and public records, this type is rare and often used for loan modifications.

Factors Affecting Appraisal Value:

Several factors influence the appraised value of a West Central Florida home:

Property Location: Homes in desirable neighbourhoods with good schools and amenities typically command higher values.

Property Size and Condition: Larger homes in good condition with modern features tend to be appraised higher.

Comparable Sales: Appraisers analyse recent sales of similar properties in the area to determine market trends.

Unique Features: Specific features like pools, waterfront views, or recent renovations can increase value.

Current Market Conditions: The overall health of the real estate market significantly impacts property values.

Prepping Your Home for Appraisal:

To maximize your home's appraised value, take proactive measures:

Complete necessary repairs: Address any structural issues, fix broken appliances, and touch up paint.

Clean and declutter: Ensure your home is clean, organized, and free of clutter to create a positive impression.

Enhance curb appeal: Maintain your lawn, trim landscaping, and add fresh paint to the front door.

Consider minor upgrades: Strategic improvements like new light fixtures or modern hardware can enhance the overall appeal.

Working with an Appraiser:

Choose a licensed and experienced appraiser familiar with West Central Florida real estate. Research their qualifications and compare fees to find someone who aligns with your budget and needs.

Communicate clearly: Inform the appraiser about any unique features of your home or recent improvements made.

Provide necessary documentation: Gather documents like the property deed, survey, and recent utility bills to assist the appraiser.

Be present during the appraisal: While not mandatory, being present allows you to clarify any questions the appraiser may have.

Possible Appraisal Outcomes:

Appraisal Value Meets Contract Price: This is the ideal scenario, ensuring a smooth closing process.

Appraisal Value Below Contract Price: In this case, you have options: negotiate a lower purchase price, pay the difference in cash, or seek alternative financing.

Appraisal Value Above Contract Price: This rarely occurs but results in increased equity in your home.

Additional Considerations:

Contingency Clauses: Include an appraisal contingency clause in your purchase contract. This allows you to withdraw from the deal if the appraisal value falls significantly below the agreed-upon price.

Appealing the Appraisal: If you disagree with the appraisal value, you can appeal to the lender or hire a different appraiser for a second opinion.

Conclusion:

An appraisal is an essential step in the home buying process in West Central Florida. Understanding its purpose, key factors affecting value, and how to prepare your home can ensure a smooth and successful closing. By working closely with a qualified appraiser and staying informed, you can navigate this crucial aspect of your home purchase with confidence and peace of mind.

Source URL: https://bit.ly/3tfSwAK

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Understanding Real Estate Law With Al Nicoletti & Jay Conner

Private Money Academy Conference:

https://www.JaysLiveEvent.com

Free Report:

https://www.jayconner.com/MoneyReport

Join the Private Money Academy: 

Al Nicoletti is a Florida Bar Attorney with the capability of handling cases across the state and is headquartered conveniently in Jacksonville. FL. Specializing in Real Estate Law, Al serves investors, business owners, contractors, and landlords alike regarding Probate, Probate Litigation, Foreclosure Defense Litigation, Trust Administration, Wills, Trusts, Estates, and much, much More.

Al kills it on Florida Probate, going above and beyond for clients. Formerly educated and graduated from the University of Miami (Bachelor of Arts in Music and Minor in Business Law) and Barry University School of Law (Juris Doctor), Al is a Florida Bar Attorney with the capability of handling cases across the state and headquartered conveniently in Jacksonville, Fl.

Specializing in Real Estate Law, Al serves investors, business owners, contractors, and landlords alike regarding Probate, Probate Litigation, Foreclosure Defense Litigation, Trust Administration, Wills, Trusts, Estates, Personal Injury, and much much more.

Al’s success has been driven by the desire to serve each client with the attention they deserve, going above and beyond to find the most creative solutions, even if it takes an extra trip to the courthouse to see a Judge.

Timestamps:

0:01 - Get Ready To Be Plugged Into The Money

1:19 - Jay’s New Book: “Where To Get The Money Now”- https://www.JayConner.com/Book

2:34 - Today’s guest: Al Nicoletti

4:56 - Why did you choose to dive into real estate law?

8:45 - Understanding Probate

12:22 - Is it possible to transfer the title without using probate when the owner dies?

13:53 - What type of services do you offer to real estate professionals?

16:20 - Process for acquiring the title of the property

18:42 - What is your advice to real estate investors when doing probate deals?

20:23 - From a marketing angle, what is your advice to real estate investors doing pre-probate deals?

23:22 - Sample litigation case study.

25:57 - Foreclosure litigation case study.

28:01 - Al, what do you see happening in the foreclosure market of the real estate industry?

31:01 - Connect with Al Nicoletti - https://www.AlNicoletti.com

Private Money Academy Conference:

Free Report:

Join the Private Money Academy: 

Have you read Jay’s new book: Where to Get The Money Now?

It is available FREE (all you pay is the shipping and handling) at

What is Private Money? Real Estate Investing with Jay Conner

Jay Conner is a proven real estate investment leader. He maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal without using his own money or credit.

What is Real Estate Investing? Live Private Money Academy Conference

YouTube Channel

Apple Podcasts:

Facebook:

[luxury-real-estate-south-florida]

Outrageous Opportunity: HOA-Foreclosed Homes Selling for Fraction of Value!

HOA-Foreclosed Homes Auctioned Off for Fraction of Value

Homeowners Associations (HOAs) are increasingly auctioning off foreclosed homes for a fraction of their value, according to a recent article from The Colorado Sun. This trend is becoming more common in states like Colorado, where HOAs are allowed to foreclose on properties for unpaid dues.

The article highlights the case of a home in Colorado Springs that was sold for $50,000 at a foreclosure auction, despite being valued at $400,000. The article also discusses the potential implications of this trend, such as the potential for predatory investors to purchase homes at a fraction of their value and resell them for a profit.

The article also provides insight from experts on the issue, such as a real estate attorney who explains the legal process of foreclosure auctions and the potential risks for buyers.

Here are some of the key points from the article:

HOAs are increasingly auctioning off foreclosed homes for a fraction of their value.

This trend is becoming more common in states like Colorado, where HOAs are allowed to foreclose on properties for unpaid dues.

The article highlights the case of a home in Colorado Springs that was sold for $50,000 at a foreclosure auction, despite being valued at $400,000.

The article also discusses the potential implications of this trend, such as the potential for predatory investors to purchase homes at a fraction of their value and resell them for a profit.

The article also provides insight from experts on the issue, such as a real estate attorney who explains the legal process of foreclosure auctions and the potential risks for buyers.

For more information on this topic, please read HOA-foreclosed homes are auctioned off for a fraction of their value  The Colorado Sun.

When considering a luxury home purchase in South Florida, it is important to hire a trusted Real Estate advisor to help you navigate the process. A Real Estate advisor can provide valuable insight and advice to ensure you make the best decision for your needs. To find a trusted advisor in South Florida, visit Premiere Estate Properties.

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[ad_1] Rishi Kapoor is looking for a federal choose's OK to checklist his Cocoplum waterfront dwelling for $8.5 million via a “uniquely certified and motivated” gross sales agent: his spouse, Jenni Frank Kapoor. It is the newest improvement involving the US Securities and Change Fee's federal lawsuit in opposition to the embattled ex-CEO of Coral Gables-based Location Ventures. Kapoor wants approval from Chief US District Choose Cecilia Altonaga to promote the couple's six-bedroom dwelling at 7233 Los Pinos Boulevard in Coral Gables, a movement filed Monday states. Within the movement, Kapoor asks Altonaga to take away the 6,000-square-foot home from the belongings she froze in late December, and to additionally difficulty a keep within the pending foreclosures case in opposition to the property in Miami-Dade Circuit Courtroom. Nevertheless, Brenda Leethe Altonaga-appointed receiver managing Location Ventures and different associates, is objecting to Kapoor's requests, together with permitting his spouse to market and promote the property, the movement states. Fred Schwartz, Kapoor's legal professional, and Lee each declined to remark. Within the Miami-Dade case, a non-public lender — an entity managed by Robert Gutlohn in Coral Gables — is looking for the appointment of a receiver to take over an entity owned by the Kapoors that bought the house in 2021. The lender can be arguing that the property is just not topic to proceedings within the SEC federal case, courtroom data present. In September, Gutlohn's entity sued the Kapoors and their entity, alleging them owe $4.6 million in principal and curiosity on a mortgage that the couple took out in 2021. On the time, the mortgage partially financed the Kapoors' $5.9 million buy of the half-acre property. Kapoor's spouse obtained her actual property agent's license in January and joined South Miami-based Boschetti Realty Group a month later, in accordance with the Florida Division of Enterprise and Skilled Regulation licensing portal. The movement states that Kapoor's spouse would earn the usual 6 p.c fee from the sale of the house, or about $510,000 if it sells on the itemizing worth of $8.5 million. She would share 1.5 p.c of her fee with Boschetti. The Kapoors may additionally understand about $3 million in fairness from the sale after paying off the delinquent mortgage, Kapoor's movement states. Lee, the receiver, does not have an issue with Boschetti itemizing the house, however she objects to Kapoor's spouse because the itemizing agent and collaborating within the fee of the sale, the movement states. “There is no such thing as a foundation to deprive Jennie Frank Kapoor from collaborating financially or in any other case within the sale of the property,” Kapoor's movement states. “On the contrary…she is uniquely certified and motivated to advocate for a sale helpful to all potential pursuits. “Depriving her of the flexibility to earn a residing, significantly within the face of the freeze on all of her husband's belongings, serves no goal and is unjustifiably punitive.” Regardless of having no authority or curiosity within the Cocoplum property, the recipient is demanding that any “yield fairness” from a possible sale be offered to the recipient for the “satisfaction of anticipated restitution/disgorgement obligations” to the 50 traders who allegedly misplaced greater than $93 million in Kapoor's failed actual property initiatives, the movement states. The potential income the Kapoor could understand “wouldn't be topic to claw again by the Receiver nor would it not be topic to disgorgement by the [SEC],” the movement states. “In abstract, the receiver has asserted no possession curiosity within the property, but seeks to limit each Mr. and Mrs. Kapoor's skill to reclaim their undivided curiosity within the property's fairness,” the movement states. [ad_2] Supply hyperlink