Krasker Law Student Loans

Paul A. Krasker, Esq. founded the Law Office of Paul A. Krasker, P.A. on July 1, 2009 and previously was a name sharehold within the commercial department of the law firm of Moyle, Flanigan, Katz, Breton, White & Krasker, P.A. in West Palm Beach. Mr. Krasker practices in the areas of real property, business and general corporate law. His corporate practice centers on counseling businesses on entity...

Bill Approved for Fast Track Foreclosures

Recently, Florida lawmakers passed a plan to begin fast-tracking foreclosures as well as some alternative plans for spending Florida’s $200 million share of the National Mortgage Settlement. By a vote of 87 to 26, the House voted in favor of a quicker foreclosure process. The bill is now onto Senate for review, but it continues to be one met with a significant amount of controversy. Most of the bill’s opponents take issue with the cases of fraudulent Florida foreclosures. It is believed by many that under this bill, homeowners will have very little recourse in the case of foreclosure errors other than the monetary compensation that will be offered under this bill, HB 87.

The other important issue at hand for members of the House is the plan on how to spend the $200 million portion of the National Mortgage Settlement that was granted to Florida. Some of the proposals include using a portion of the money to assist low income FL residents with dormitory fees under the Florida Prepaid Tuition program. Additional expenditure proposals include $16 million to court resources to reduce the foreclosure backlog, and $20 million to go to Habitat for Humanity.

 

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