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Wednesday, February 25, 2009

Life in the fastlane of foreclosure

The foreclosures rate is so high in Florida that they have begun to fast track the legal proceedings. It could happen here....

FORT MYERS, Florida (CNN) -- With eyes tearing, some stare off into space. Others sit quietly with an expressionless pain as they wait for the inevitable. Casey McNeer couldn't even speak her name when the judge called her case. 1 of 3 When you are called before this court, it's the end of the line. You are about to lose your home. This is foreclosure court in Fort Myers, Florida.

At this point in the legal process, all that's needed is a judge's signature. CNN was in court Friday to witness the process, which takes seconds. It's called the "rocket docket." On some days the court hears up to 1,000 cases.

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