JUNE FORECLOSURE STATS AVAILABLE FROM
CLERK & COMPTROLLER
Slight increase from last month, but filings down compared with last year
WEST PALM BEACH, FL (July 8, 2010) – The number of new foreclosure filings in Palm Beach County increased slightly in June, but is still down from the same time last year, according to the latest figures available from the Clerk & Comptroller’s office.
Last month 1,640 cases were filed, up from 1,431 cases filed in May and 1,529 filed in April. However, the number of cases filed in June 2010 is down 30.98 percent compared with the 2,376 cases filed in June 2009.
Overall, foreclosure filings are down this year in Palm Beach County, with 10,835 new cases filed during the half of 2010 – a 32.11 percent drop from the 15,959 cases filed in the first six months of 2009*.
That decrease, however, has not affected the backlog of foreclosure cases in Palm Beach County courts, with roughly 53,000 cases pending. Clerk Sharon Bock announced this week that she would use $403,000 in state money earmarked specifically for foreclosure cases to hire temporary workers to tackle a portion of the backlog.
She estimates the money will be enough to clear 16 percent, or about 8,400, of the pending foreclosure cases in Palm Beach County.
The Clerk & Comptroller’s office processes all foreclosure-related court documents, notices of action and motions. After a foreclosure judgment, the office issues a notice of sale, conducts the foreclosure auction and issues all post-sale documents, such as the certificate of title. Palm Beach County’s foreclosed properties are auctioned two to three days a week online at www.mypalmbeachclerk.com.
*All foreclosure case statistics are based on the date foreclosure filings are recorded by the Clerk & Comptroller’s office.
The Florida Constitution established the independent office of the Clerk & Comptroller as a public trustee, responsible for safeguarding public records and public funds. Clerk Sharon Bock is directly elected by and accountable to Palm Beach County residents. In addition to the roles of Clerk of the Circuit Court, County Recorder and Clerk of the Board of County Commissioners, the Clerk & Comptroller is the Chief Financial Officer, Treasurer and Auditor for Palm Beach County.
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