On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Creditors on May 23, 2012.
According to recent data released by RealtyTrac last week, foreclosure filings in April were higher than they were last year in New Jersey and Pennsylvania. In Philadelphia, the number of foreclosures reportedly fell around 11 percent from March, but was 24 percent higher than they were last April. The increase in foreclosures in Philadelphia has reportedly been going on for the last six months. Statewide, filings were about 4 percent higher than March and nearly 17 percent higher than last year.