Category Archives: Foreclosure News

Broward County Foreclosure Update

42,000 foreclosures are pending in Broward County. Continue reading

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Stunning Statistic on Foreclosure Delinquencies

A report shows that 56% of Florida foreclosures involve homeowners who are more than 24 months behind on their payments.

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IRS Form 1099-C: Is the debt actually forgiven and released?

Bankruptcy courts have determined that the 1099c does not imply that the creditor has released its right to recover on the underlying debt or deficiency. In re Zilka, 407 BR 684(Bankr. W. D. Pa 2009) Continue reading

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