The good old days where a bank knew its customers by first name and kept their mortgages in house as portfolio loans are long gone. Mortgage loans are now flipped, bought, sold, and packaged into giant investment trusts with thousands of other mortgages that are sold on Wall Street. In…
FAQ Category: Foreclosure
No. In fact, once you have defaulted on the mortgage payments and the loan has been accelerated, the bank will no longer accept the mortgage payments. We have had clients that have been living in their homes without paying their mortgage while we have been fighting their foreclosures for 3,…
The answer depends on many factors. If you ignore the foreclosure and don’t hire an experienced attorney to fight for your rights, the bank may be able to complete the process and sell your home in as little as a few months. By hiring an experienced attorney, the foreclosure process…
If you have been served with a foreclosure lawsuit in Florida, you have 20 days to file a proper legal response in court. You must admit or deny the allegations, raise affirmative defenses, and file whatever counterclaims you may have against the foreclosing bank. Failure to file a legally adequate…
