Posted On: March 29, 2011 by David A. Wolf

Florida Courts Facing Deficit Due to Foreclosure Filing Fees

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The Florida court system announced a deficit of over $72 million because of a shortfall in foreclosure filing fees. In former posts last fall, we discussed how former Attorney General, Bill McCollum, was probed into investigating the "mill" firms that were filing these foreclosure suits.

There were several allegations against large foreclosure law firms for "robo-signing." The allegations accused account executives of signing affidavits that stating the account executive had done everything in its power to avoid foreclosures, when in reality, they had not.

Now, through the abundance of foreclosure filingsover the last year, the Florida court system is experiencing a huge deficit and is asking Governor Scott for extra funding. In a recent post, we mentioned David J. Sterns foreclosure group is shutting down operations at the end of this month.

To learn more about this article, please visit Florida Court System Facing $72.3 Million Deficit Due to Shortfall in Foreclosure Filing Fees.


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