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A worried couple looking at a mortgage payment document

Has your mortgage loan servicer put you in a forbearance without you even asking?  If so, watch out.  You might have thought that you could breathe a sigh of relief without making mortgage payments for a few months, but they may be setting you up for failure and ultimately a…

A gavel, a computer and mini houses in a lawyer office

Florida is a judicial foreclosure state, meaning that all foreclosures must go through the court. This does not necessarily mean, though, that you have to go to trial when your lender is foreclosing on your home. You may have many options; one of the most popular is mediation. Mediation is…

foreclosure sign outside of a house.

Just as the housing market in Florida was starting to recover from the 2008 recession, the pandemic hit, leaving many people furloughed and laid off from their jobs. Sadly, this means that thousands of people are unable to pay their mortgages and, even though certain lenders are offering different options,…

Moment of payment with credit card through a credit card machine

Credit cards are a large part of a person’s financial life, and they can help individuals take control of their credit. Unfortunately, too many people do not use them properly and soon find themselves suffocating in debt. To avoid falling into financial hardship, anyone who owns and uses a credit…

bankruptcy document, a pencil and a calculator

Most people understand that when they file for bankruptcy, they will have their debts discharged and will no longer be responsible for them. Although being free of debt is one impact that bankruptcy will have–and the reason why most people file–there are others as well. It is important to understand…

A man reading a foreclosure notice

There has been a large uptick in the number of commercial foreclosures that are in default.  Many office buildings, residential buildings, and shopping centers are at risk of being sold at a public foreclosure auction.  Many commercial mortgages are designed to bury the borrower with default interest, costs, special servicing…

Forbearance title on legal document

We have been inundated with homeowners contacting us regarding their expiring forbearance plan.  Many loan mortgage servicers are requiring homeowners to pay back all of the missed payments during the forbearance period all in one shot, or face the consequences, which include foreclosure. Don’t think it cannot happen to you. …