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Another notable "rocket docket" court involved Lee County, Florida , home of numerous foreclosure proceedings due to the collapse of the Florida housing market as a result of the financial crisis of 2007–2008, part of the 2010 United States foreclosure crisis. On some days, the court heard up to 1,000 cases per day; assuming an 8-hour day ...
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who ... Nevada; Fort Myers, Florida; Modesto, California ...
Judicial foreclosure: With a judicial foreclosure, the lender files a lawsuit and the borrower is notified of the non-payment. The homeowner has 30 days to make up the missed payments, otherwise ...
Key takeaways. Foreclosure occurs when a homeowner stops paying their mortgage for an extended period — typically 120 days following the first missed payment.
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Fort Myers (or Ft. Myers) is a city in and the county seat [7] of Lee County, Florida, United States. As of the 2020 census , the population was 86,395; it was estimated to have grown to 95,949 in 2022, making it the 25th-most populous city in Florida. [ 5 ]