Archive note, October 2026: This post discussed what an extension of the Mortgage Debt Relief Act of 2007 could mean for homeowners whose mortgage debt was forgiven, and it opened with foreclosure figures cited by attorney Aaron Resnick. The post names no source for the rest of its text and gives no date. For the firm's current work in this area, see foreclosure defense.

According to attorney Aaron Resnick, based upon a preliminary report released by LPS, 2,060,000 properties are in foreclosure inventory. As of the end of the 2011 fourth quarter, 11.1 million borrowers were reported to be underwater, according to CoreLogic.

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Aaron Resnick has handled business disputes in Miami since 1998 and is a fourth generation Miami attorney. He works hands-on on every case; the client gets Aaron on every major litigation issue, not a junior partner. The Law Offices of Aaron Resnick represents large corporations, Miami businesses and their owners, professional athletes and entertainers in Miami Dade, Broward and Palm Beach counties and across Florida in business litigation and business counsel. Call 305-672-7495 or request a consultation.

This page provides general information and is not legal advice. Prior results do not guarantee or predict a similar outcome.

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