Tampa Pre-foreclosure, Bankruptcies Skyrocket in Q1

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Pre-foreclosures and bankruptcies in the Tampa area have shot up in the first 3 months of the year in the face of the worst economic recession since the Depression.

The number of foreclosure filings in the Tampa-Saint Petersburg Metro area jumped to 19,284 in the first quarter of this year. This represented a rise of 27% compared to the last quarter and a 17% increase year-on-year. The number of foreclosure filings appears to increase from month to month. For the month of March, total foreclosure filings in the Metro area were 11% higher than February and 7% higher than March 2009.

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Tampa Bay Bankruptcy Center, P.A. on:

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