Tampa Bankruptcies Link to the Foreclosure Process

At Sunshine State Bankruptcy, we have noticed that the number of bankruptcy filings is down. Why? The pipeline of foreclosure filings was temporarily halted last summer after many reports of faulty or fraudulent paperwork filed by banks and attorneys. I am sure you have heard of this, it is called robo-signing.

Some lenders halted their foreclosure filings so that they could review their paperwork.

The result has been that more delinquent homeowners have been staying in their houses longer without making monthly payments, but that is going to end this spring as we expect to see the pipeline of foreclosure filings open like a fire hose spicket.

In need of help? Give us a call today to help you begin the process to your financial recovery 1-877-352-8192.

 

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