Bankruptcy figures released last Friday by the federal government show that Wisconsin is experiencing record lows in foreclosure filings.  Southeastern Wisconsin had the lowest amount of foreclosure filings of any region of the state.

In the first quarter of the year, Wisconsins’ economy grew by .04 percent.  In the second quarter of the year, the economy grew by close to 1.3 percent.

A total of 725 foreclosures were filed in southeastern Wisconsin in July — marking the lowest number of foreclosures filed in the region since June 2007.  Furthermore, the total of 725 filings was 21 percent lower than the total number of foreclosures filed in the same month last year.

If you or someone you love is facing foreclosure and needs experienced legal representation to defend them, contact the Milwaukee foreclosure defense lawyers of DeLadurantey Law Office, LLC at 414-377-0518 to discuss your situation with an experienced and compassionate attorney.

In June, foreclosure filings in Wisconsin dropped by 8 percent from June 2010.  June was the sixth month in a row of year-over-year decreases in foreclosure filings in Wisconsin.

In the first 6 months of 2011, 13.5 percent fewer foreclosures were filed in Milwaukee, Kenosha, Racine, Walworth, Ozaukee, Waukesha, and Washington counties than in the first 6 months of 2010.

However, in the Milwaukee area, foreclosure filings still remain elevated due to a continued weak housing market and high unemployment rate.  June foreclosure filings in Milwaukee only dropped from 477 to 453.

Contact the Milwaukee foreclosure defense lawyers of DeLadurantey Law Office, LLC at 414-377-0518 today, if you or someone you know is seeking legal representation to help protect them from losing their home.

In the first quarter of this year, fewer homeowners in Wisconsin were delinquent on their mortgage loans.  From January to March, 5.46 percent of mortgage loans were overdue while 6.46 percent were overdue in the first quarter of 2010.

Additionally, the percentage of delinquent mortgage loans in Wisconsin remained lower than the national average in the first quarter of the year.  Last year, 9.38 percent of mortgage loans were overdue nationwide in the first quarter and 7.79 percent were overdue in the first quarter of this year.

However, foreclosures on mortgages in the state increased slightly over the first quarter of the year.  The foreclosure rate in Wisconsin increased from 3.51 percent last year to 3.74 percent this year.

If you or someone you know is struggling to make mortgage payments and would like to renegotiate the terms of a mortgage, contact the Milwaukee mortgage modification attorneys of DeLadurantey Law Office, LLC at 414-377-0518 today.

Although foreclosure filings in the country and state still remain high compared to what is considered normal, foreclosures filed in southeastern Wisconsin in April reached a new low.  20 percent fewer foreclosures were filed last month than in April 2010.  The total number of foreclosures filed last April was the lowest of any month for 2 and a half years.

In April 2010, 1,084 foreclosures were filed in Milwaukee, Waukesha, Racine, Washington, Walworth, Kenosha, and Ozaukee counties, while only 864 were filed last month.  The last time that foreclosure filings were lower than 864 in the region was in August 2008 when 792 foreclosures were filed in the counties.

If you or someone you know has questions about the 20-day foreclosure clock or other foreclosure details, contact the Milwaukee foreclosure defense lawyers of DeLadurantey Law Office, LLC at 414-377-0518 and set up an appointment to speak with one of our attorneys.

Wisconsin foreclosure figures for the first quarter of 2011 show a 10.2 percent decrease in foreclosure filings in southeastern Wisconsin from the first quarter of 2010.  In the seven county region, 2,906 foreclosures were filed from January through March.  In 2010, 3,235 foreclosures were filed in the same span of time.

Since the beginning of the year, Milwaukee County has seen fewer than 500 foreclosures every month.  Last year, the county had an average of 536 foreclosure filings every month, and a year before, it had a monthly average of 594.

Looking at the month of March alone, foreclosure filings were 14.6 percent lower than March 2010.  1,018 foreclosures were filed in the seven county area in March of this year, whereas 1,192 were filed in March 2010.

To discuss saving your home from foreclosure with a compassionate foreclosure defense attorney in Milwaukee, contact DeLaduantey Law Office, LLC at 414-377-0518 today.

According to foreclosure data complied by RealtyTrac and covering February 2011, Wisconsin had the 10th highest number of foreclosures and the 12th highest foreclosure rate in the country.  In February, there were 4,478 foreclosures in the state and 225,101 in the country.

Wisconsin and the other states included in the top 10 states with the highest number of foreclosures made up 70 percent of the nation’s foreclosures in February 2011.  Nationwide, one in 577 homes in the country faced foreclosure.  In Wisconsin, one in every 578 housing units faced foreclosure.

Nationwide foreclosures reached a 36-month low, with the number of foreclosures being the lowest since February 2008.  Nevada had the highest number of foreclosures in the country with one in every 119 units being foreclosed.

If you are seeking experienced legal representation to help defend against a foreclosure, contact the Milwaukee foreclosure defense lawyers of DeLadurantey Law Office, LLC at 414-377-0518 to set up an appointment to meet with us today.

Earlier this month, Hotel Mead in Wisconsin Rapids, Wisconsin went into foreclosure.  Despite this, hotel officials say that the business will remain operating and open for customers while executives look for a buyer.

The hotel’s owner, W R Hotel Properties, worked with WoodTrust Bank for more than a month to come to a deal that would allow the hotel to continue operating even if it went into foreclosure.  Under the agreement, WoodTrust Bank is authorized to manage the property and its sale.

Wisconsin Rapids Finance and Property Committee Chairwoman and City Council President Jean Young stated, “We are working with the bank and any prospective (buyers), so the city gets what we’re owed–but in a way to make sure the hotel does not go dark.”

If you or someone you know needs help negotiating and defending a foreclosure in Milwaukee, contact the Milwaukee foreclosure defense attorneys of DeLadurantey Law Office, LLC today at 414-377-0518 to set up an appointment to meet with us.