Why Are Rocket Dockets No Longer Used In Foreclosure Cases?

Equally elusive is Cheryl Samons, who is no longer. foreclosure courts. A slew of homes Stern foreclosed on that sold for $240,000 each during the credit bubble sold at auction as orphaned cases.

Brooklyn Foreclosure Cases Speed Up As Courts Implement Rocket Docket. The Empire State had an average foreclosure litigation time of 36-48 months in 2015. The average foreclosure litigation time across New York is expected to hit 12 months. Supreme Court Judges want to cut it under six months. multiple factors on the federal and state level have attributed to this drastic cut.

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The "rocket docket" returns to Florida. Palm Beach is making it more official, and Florida foreclosure defense lawyers are fighting against the dangers of rocket docket to due process and the right to fair trial.

Why Are Rocket Dockets No Longer Used In Foreclosure Cases? A rocket docket is a court or tribunal noted for its speedy disposition of a particular type of court case. They were originally created to unclog the court system due to the many foreclosure cases arising after the economic downturn.

Westchester County Foreclosure Cases Speed Up As Courts Implement Rocket Docket Westchester judges have implemented a rocket docket for Westchester County foreclosure cases. It seems the end is near for Westchester homeowners hoping to take advantage of the county’s notorious long foreclosure litigation time.

Deed in lieu of foreclosure (also known as a Bargain and Sale Deed) and short sale are both alternatives to foreclosure.They are very similar, and their differences depend on the details of the situation. They are attractive solutions because they do not hurt the borrower’s credit as much as foreclosure would.

A Lesson From the Rocket Docket A Lesson From the Rocket Docket. Getty Images.. There is an ugly, heartbreaking mess going on in foreclosure courtrooms across the country.. lobal investors are becoming increasingly aware that an investment in America is no longer an investment in strength.

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