Florida's courts are planning for a $4 million stipend to introduce the Sunshine State's courts with additional judges and case managers to handle the foreclosure backlog. We saw this previously and the press and others referred to the process as the Rocket Docket. The amount is pending passage in the Florida Legislature for the 2012-2013 budget year and would be available come July 1. The $4 million is welcomed news by some, but it is also part of a Court system operating on a 7% lighter budget than it was last year. This means, similar to the "Rocket Docket", the added manpower will help to move cases along but will hardly be an answer to the near 370,000 foreclosure cases needing resolution. Many still claim that the Rocket Docket is unconstitutional and caused harm to Florida Homeowners who were forced through the courts under this system.
Hopefully additional money is directed at the foreclosure backlog rather than passage of a new Speedy Foreclosure bill. SB 1890 passed the Florida House and is awaiting vote in the Senate and would allow for speedy foreclosures on abandoned properties and in cases where the Judge finds the homeowner has no meritorious defenses. This may expedite cases, but certainly doesn't give each homeowner a fair turn with the court system. The best alternative would instead be to continue allocating additional funds for increased manpower in the courts and to continue encouraging healthy out of court settlements between Banks and troubled homeowners.
Just as surely as the Florida Courts are operating at a deficit, many Florida homeowners are also working hard to make ends meet. It is best to work together towards sound and sensible resolutions, rather than taking a cookie-cutter approach. That's why it is important to contact a Jacksonville Foreclosure Defense Attorney early on in your foreclosure. Where one homeowner may be better off fighting a foreclosure in court, still another may be wiser to reach a settlement or short sale outside of court. To determine the best course of action for you, consult an experienced Jacksonville Foreclosure Defense Attorney.