Delinquent Florida homeowners could be getting long-delayed foreclosure notices after a court ruling cleared the way for lenders to bring back cases that have stalled for several years. See details here
Florida Supreme Court modifies foreclosure’s time frame
November 13, 2016 by
A Florida Supreme Court ruling announced earlier this week threatens more homeowners with foreclosure actions. Generally speaking, lenders have five years to foreclose on a home thanks to the state’s statute of limitations. In some cases, however, the courts have dismissed a foreclosure action, making it difficult for banks to finalize the foreclosure in time since the process must start again. See details here
