Archive for: ‘October 2010’

Learn the Facts about Miami’s New Foreclosure System

October 1, 2010 Posted by kingcade

With Miami having the largest number of foreclosure cases in the state, an estimated 72,000, it’s no surprise that a new system needed to be put in place to handle the influx of these cases. The circuit courts were given $862,053 by the Legislature to close 52,000 of these cases by June 30, 2011.

The new incentive has changed the way Miami-Dade will operate foreclosure cases. Circuit Judge Jennifer D. Bailey, the civil division overseer, is now hiring senior judges to strictly consider summary judgments and clear dockets. Once a case has gone through the review process and is ready for a summary hearing, it is added to the master calendar.

A year ago, the twenty-six circuit court judges were handling six times the normal amount of foreclosure cases received. Now any foreclosure filing after January 1, 2009 will remain with circuit judges and the five senior judges will review the 15,537 older filings.

This will take an immense amount of work and pressure off the circuit judges. The goal of closing 52,000 cases is a huge undertaking considering they only closed 24,000 this year.  This new system has not come without controversy and criticism as many foreclosure attorneys fear it is about filling quotas.

To read more on the new system for foreclosure cases, please visit:
http://www.law.com/jsp/article.jsp?id=1202472282522

Foreclosure defense attorney, Timothy Kingcade has helped many facing foreclosure alleviate their stress by letting them stay in their homes for at least another year, allowing them to re-organize their lives. If you have any questions on the topic of foreclosure please feel free to contact me at (305) 285-9100. You can also find useful consumer information on the Kingcade & Garcia, P.A. website at www.miamibankruptcy.com.