Bankruptcy is typically the last resort when a person is in dire financial straits. Nonetheless, a person who is at risk of losing his primary residence in a foreclosure action might consider filing bankruptcy to delay or stop the foreclosure. This strategy may have its merits, but it also has its detriments. If you are…
Getting a notice that your mortgage holder has decided to foreclose your mortgage can be distressing, to say the least. As you process the information, the questions can begin to swirl in your head: What will you do? Are you going to lose your home? What are your options? Fortunately for you, Jonathan Kline, P.A. is…
If your home is in foreclosure, you may want to consider exploring a short sale as part of your foreclosure defense. A short sale is a sale of the home for less money than what is currently owed; while it is not a foreclosure defense in the sense that it does not prevent you from losing…
There are two major types of foreclosure: judicial and non-judicial. The process used is determined by each individual state. In Florida the judicial process is used. This is fortunate for homeowners because it means the lender must file a lawsuit against the homeowner in order to foreclose upon them, which is generally harder and more…
One of the best foreclosure defenses in Florida is to legally prove the lender is pursuing a wrongful foreclosure. According to the Law Offices of Joseph J. Mancuso, in a wrongful foreclosure, a lender tries to illegally foreclosure on a borrowers home. In some cases, lenders receive partial or full mortgage payments from burrowers but,…
Pam Bondi, Florida’s Attorney General, filed a court action in late August to shut down a group of non-lawyers that had been offering foreclosure defense services under the guise of several entities, including the Asset Protection Law Firm, Heritage Law Group, and Liberty Law Group. These entities collected upfront and monthly fees from homeowners in…
For many homeowners facing foreclosure, bankruptcy is the final foreclosure defense option. According to Oppenheim Law, under Florida law, homeowners facing foreclosure are allowed to file for bankruptcy and still keep their homes. There are two types of bankruptcy: Chapter 13 bankruptcy and Chapter 7 bankruptcy. For those who want to hold onto their homes,…
Before looking into foreclosure defense services, it’s a good idea to look into loan modification. If you’re having trouble making your monthly mortgage payments or you’re underwater on your mortgage, loan modification may allow you to keep your home. According to attorneys.com, loan modification is an agreement between you and your lender changing some of…
Going through the process of a foreclosure can be extremely stressful. During this time, you may be wondering what your options are, what your financial future may be, and whether there is any chance to save you home. This can make foreclosure defense services vital, as a skilled foreclosure defense attorney can help you to…
When you get a foreclosure notice, you need to act quickly. Your home is your safe haven, and the last thing you want to do is lose it to the bank. This is when you need foreclosure defense services in order to learn about what actions need to be taken and what you can do…
