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Foreclosure rates improving in the U.S. even in lagging states

Although the United States as a whole has continued to see decreasing levels of foreclosure, there are a handful of states that still have relatively high foreclosure rates, according to data from RealtyTrac reported by USA Today.

The state of Florida reportedly still has the highest foreclosure levels across the nation, even though it improved by 22 percent in 2014. Foreclosure levels reportedly are also high in New Jersey, Maryland, Nevada, Delaware, Illinois, Ohio, Indiana, South Carolina, and Tennessee. The mentioned states reportedly have prolonged foreclosure procedures that tend to last for a year or more before concluding. Though fewer homes nowadays are entering foreclosure, property owners who are still stuck in the process are often left struggling.

In this difficult situation that your home is being threatened with foreclosure, enlisting an attorney is crucial to finding legal solutions that will save your home. Get in touch with the Birmingham lawyers of Greenway Bankruptcy Law, LLC, today at (205) 324-4000 to learn more about your options.

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505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

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