Blog Posts in Strategic Default

All Posts
  • Is the new Florida Fair Foreclosure Act Really Fair?
    Is the new Florida Fair Foreclosure Act Really Fair?

    On June 7, 2013, Governor Scott signed the Florida Fair Foreclosure Act into law. The Act makes many substantive and procedural changes to how foreclosures are processed by the courts with the ...

    Read More
  • Mortgage Debt Relief Act - An Alternative to Exempt Forgiven Debt from IRS Taxation
    Mortgage Debt Relief Act - An Alternative to Exempt Forgiven Debt from IRS Taxation

    Everyone who is considering a short sale of their primary residence is currently in a holding pattern waiting to see if Congress renews the Mortgage Debt Relief Act . The Mortgage Debt Relief Act ...

    Read More
  • Clock is ticking on Mortgage Debt Relief Act
    Clock is ticking on Mortgage Debt Relief Act

    Several weeks ago, Florida property owners started to receive mortgage balance reduction offers from the nation's biggest mortgage servicers under the settlement reached earlier this year in the ...

    Read More
  • New 11th Circuit Case allows avoidance of Second Mortgages in Chapter 7
    New 11th Circuit Case allows avoidance of Second Mortgages in Chapter 7

    On May 11, 2012, the 11th Circuit Court of Appeal (whose decisions are binding in Florida) published its opinion in In re: McNeal. In the opinion, the 11th Circuit ruled that a wholly unsecured second ...

    Read More