In a recent ruling, the Florida Supreme Court stated that each monthly default on a mortgage payment restarts the wait period for the same individual to file for foreclosure. In order words, each missed payment causes the five-year wait time to start all over again before the individual can file for relief through a foreclosure suit. Similarly, the dismissal of a foreclosure proceeding causes the individual to once again be held responsible for obligations entered into prior to the filing of the foreclosure suit.