Florida Foreclosure Law: Chief Justice Orders Foreclosure Hearings to be Open to the Public

In light of what some consider behind-the-scenes shenanigans during the foreclosure process, a Florida judge has ordered that foreclosure proceedings be open to the public.

Considering the number of foreclosures in the state, and the purported amount of fraud, transparency is needed.

Where Florida Ranks in Foreclosures

The state ranks second in the nation, behind Nevada, in foreclosures. The state has been particularly hard hit, with 1 in every 155 homeowners receiving a foreclosure filing notice last month. This is 2.5 times the national average, according to RealtyTrac, a foreclosure listing firm.

Read full story: Fla. Chief Justice says Foreclosures Must be Open, Miami Herald online.

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P.S.: Start a Business Cleaning Foreclosed Properties. While the foreclosure crisis has been a nightmare for many, it has presented a perfect small business opportunity for others. Learn how to start a foreclosure clean up business. Read how one foreclosure cleaning business owner rakes in $40,000/wk (not a typo).