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…
Category: Foreclosure Defense
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,…
Learning that your lender has started the foreclosure process is extremely scary. You may think that you are out of options and that, inevitably, you are going to lose your home. It is at this point that many people give up and simply go through the motions of the foreclosure…
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…
No one wants to hear that a lender is preparing to foreclose on their home. If you are in this position, or you have missed some mortgage payments and believe you will be soon, you know just how scary it is. You may even become angry and frustrated and not…
Just as 2008 was starting to become a distant memory for many and the number of foreclosures around the country and right here in Florida were starting to drop, the coronavirus hit. Predictions were made right from the start about the impact the virus would have on the economy, and…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…
Foreclosure, unfortunately, brings many consequences and the fact that it causes your credit score to take a big hit is one of them. Continue reading
