… said, and killed Otis Beckford, 26, next to a receptionist’s desk in an office at a downtown Orlando tower. He then walked into the office and unloaded several more rounds, wounding five other employees at the company he had been fired from two years ago.”

Investigators say that Rodriguez blamed the firm when he didn’t receive unemployment benefits. He had been fired from the company two years earlier and felt that he had been wrongly dismissed.  In proceedings from his recent …

Tags: Mental disorder Murder Orlando Florida

… who file foreclosures with false information.

The article said:

“Some of the most egregious Florida examples come from Sarasota County, where a study this summer that looked at the civil courts system found three of four foreclosure cases that went forward without the proper paperwork.”

As if suffering under toxic mortgage payments isn’t enough, now homeowners have to face foreclosure filings that shouldn’t even take place because of lack of paperwork.  Many homeowners who …

Tags: Florida foreclosure Real estate

… disputes. Will it work in Dallas- Fort Worth ?

The article examined the case for it in Florida:

“Florida’s courts are currently trying to cope with more than 290,000 foreclosure cases… A majority on the high court’s Task Force on Residential Mortgage Foreclosures recommended trying mediation on owner-occupied homes before cases go to court, with lenders picking up the tab. Borrowers would be contacted by phone and mail and asked to participate. The high court did not …

According to an article in the Star-Telegram, a Florida appeals court chastised a judge for granting extensions in a foreclosure case for compassionate reasons.

The article said:

“The Third District Court of Appeal ruled last week that Circuit Judge Valerie Manno Schurr could not grant extensions solely on grounds of benevolence or compassion. Schurr had given a Miami couple an extra month to sell their house. The judge said in court …

According to an article in the Star-Telegram the rising number of foreclosures and unemployed residents are creating a budget crisis for homeowners associations, especially in Dallas- Fort Worth area. With many properties vacant and other homeowners failing to pay their dues, the associations are struggling to provide basic maintenance.

The article said:

“To increase collections and …

Comment by mitchell drimmer: … Down here in Florida we are way ahead on the curve …

According to an article in Bloomberg, the number of wealthy Americans who filed Chapter 11 bankruptcy jumped 73 percent in the second quarter of 2009 from a year earlier.

The article said:

“More individuals or families with at least $1,010,650 in secured debt and $336,900 unsecured are using Chapter 11 of the U.S. bankruptcy code typically associated with business reorganizations.”

…

… the unlimited homestead exemption. Four other states also have an unlimited homestead exemption: Florida, Iowa, Kansas, and South Dakota. The remaining 45 states limit how much of your home value you can protect – and if your house is worth more than the state allows, you may not be able to protect it in a bankruptcy proceeding.

When bankruptcy laws changed in 2005, Congress expressed concerns over persons moving from one state to another to take advantage of generous exemption laws. …

… market has not seen the significant drop in value of other markets, like Fort Myers-Cape Coral, Florida where the market is down a staggering 59.1%, this still may not be the best time to sell your home.

If you are struggling with payments already, and looking to sell your home for financial reasons, you may find that even a slightly depressed real estate market puts you at a greater risk of foreclosure.

While people are taking advantage of the depressed market and buying below market …

… owner of the property obtained a judgment against Kosar’s company in March for over $66K.

A Florida bank is also owed about $10 million on properties formerly owned by Kosar’s businesses.  The three apartment projects have since been foreclosed upon.

Kosar also has several tax problems.  The Internal Revenue Service is owed over $231K for Kosar’s income taxes in 1996.  Also, the IRS says he owes about $322K for tax years 2000, 2006, & 2007.  Additionally, he owes more than …

… trying to profit from others misfortunes.

A prime example of this came to the forefront in Florida last week.  Luckily for many, Chase Card Services agreed to forgive the debts of 13,000 people who were taken advantage of by a Florida based debt-settlement organization.  The claim against the organization said that they agreed to reduce debts substantially and they told their customers to quit sending in payments to their credit card companies.  The debt settlement agency then made …

… efforts to avoid bankruptcy. Some cities in the hardest hit states, such as California and Florida are already seeing double digit unemployment rates.

According to an article in the Dallas Morning News , home price declines may be here to stay for at least the next two years. And in certain areas of the country the possibility of long-term housing price declines is astronomically high.

The article said:

“”Increasing unemployment and foreclosure rates – coupled with continued high excess housing supply and pressure from the severe …

Comment by jorge: … insurance in Florida and high property taxes in many …