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…
Category: Foreclosure Defense
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…
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…
Bankruptcy is a viable option among many people or businesses who are struggling financially with debt. A big benefit of filing for bankruptcy is that creditors are immediately stopped from continuing the pursuit of collection. Your right to file for bankruptcy is backed by federal law so this protection continues…
A common legal procedure that helps individuals who have found themselves in a sizeable amount of debt is bankruptcy. While many people may frown when they hear the word “bankruptcy”, it is actually a legal right that all citizens of the U.S. have to gain a fresh start financially. When…
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…
