Commercial cash management loans are loans that generally have extremely onerous terms for the commercial borrower. Often even if you make the payments on these loans, you can find a commercial loan in default. For example, if your cash flow is not compliant with the terms of the mortgage, the…
Category: Foreclosure Defense
As Floridians continue to feel the fallout of the ongoing pandemic, Governor Ron DeSantis has been asked by two advocacy groups to extend the moratorium currently on mortgages in the state. In late September, the Florida Housing Justice Alliance, along with Connected in Crisis, collectively wrote to the governor asking…
Sometimes, it seems as though homeowners in Florida cannot catch a break. Just as the state was beginning to recover from the recession in 2008, the pandemic hit. Homeowners did not know how they were going to pay their mortgages and suddenly faced the possibility that they may lose their…
Florida has one of the longest foreclosure lawsuit timelines in the country. After a lender has filed a foreclosure action, it can take months before the property owner is forced out of their home, which can cause a great deal of stress for the lender, as they typically want these…
The coronavirus pandemic has caused economies to shut down throughout the country, and millions of people have been furloughed, or have lost their job for good. Experts are predicting that due to these challenging conditions, hundreds of thousands of homeowners will face foreclosure within the next year. In Florida alone,…
It was at the end of July when Florida Governor Ron DeSantis signed Executive Order 20-180, the order that extended the moratorium on residential mortgage foreclosures and tenant evictions. Unfortunately, the language included in the order clearly shows that the moratorium now only applies to residential properties, leaving commercial property…
In response to the coronavirus, Florida Governor Ron DeSantis placed a moratorium on foreclosures and evictions in early April. Recently, the Governor extended that order, but there are now concerns that the new order includes very different language from the original. The change in vocabulary has opened the door for…
If you are facing foreclosure, losing your home may be taking up most of your thoughts and you might not even be thinking about speaking with a foreclosure defense lawyer. However, an attorney is a great help when you are going through this process, and may even help keep you…
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…
