Mortgage Holder in Crisis

HELP, the bank is going to put me in Foreclosure!

In a panic, considering a Short Sale?

Will a Short Refinance bail me out?

How do I get a Mortgage Forebearance in Florida?

I'm behind on mortgage payments due to a job loss!

I owe morethan myFlorida home is worth!

My Florida Mortgage is Upside down!

• You need options to foreclosure.
• You need foreclosure options quickly
• You need to consult with an attorney to protect your future.

There areForeclosure Options, but time is not on your side in Florida.

You have options. What you don't have is time. The mortgage default collections engine is typically an automated and totally impersonal process. It does not matter if your bank has been bought, bailed out, or bankrupted - your Florida default mortgage is their asset. No one knows for sure yet if the government bailout will do anything for the distressed homeowner. At this stage all we know for certain is that they are focused trying to savethe banking system - not you. What we do know is that the mortgage collections and foreclosure processes do not stop without intervention. Odds are, you are not equipped to competentlyprovide foreclosure intervention. Our law firm is. This is what we do. The clock needs to be stalled so that you have a chance to act intelligently to salvage as much as possible your economic future. Some of your options are:

Short Sale
Loan Modification
Short Refinance
Forbearance
Deed in Lieu

You are in a bad place when facing foreclosure and preforeclosure in Florida. Almost no-one gets out unscathed. It is our job as Florida Real Estate and Florida Mortgage attorney's to evaluate your situation, and help you to act on what the best option is for your unique circumstance. DO NOT BE MISLEAD by those that might take advantage of you. There are many options - not just one. On October 1, 2008, Florida legislation went into effect toto protect you from people with one size fits all solutions called The Foreclosure Rescue Fraud Prevention Act. The only profession exempted from this legislation is attorneys, and for good reason. We are not newcomers to this practice, and we have the tool set to help you get out with the least damage.

Spend some time browsing out site. You will immediately discover that this site is different, that our law firm is different. You will find options for dealing with your Florida Mortgage Crisis. You will find straight talk. What you won't find it time. For that, you need to call, and call very soon -the clock is running against you. Let us slow it down so that you have time to make the best decisions for your long term future.

The Best Way to save your Florida Home or at least slow down foreclosure

Defending against the lender's lawsuit may be the best way of saving your house from foreclosure. Many banks get frustrated at the slowing down of the legal process become open to settling the matter out of court. Often banks and judges will try to roll right over homeowners defending themselves pro se in court. (Pro Se means representing yourself in court.) Hiring a competent attorney may allow borrowers to negotiate a resolution to the foreclosure that benefits all parties involved.

Even without using new or creative defenses to foreclosure, such as a produce the promissory note strategy or a Jerome Daly defense, homeowners can gain the upper hand in the legal system simply by having an attorney attempt to delay the sheriff sale. Every motion your attorney files with the courts will have to be addressed by the courts, and by the lender's legal staff, and may result in potential hearings. All of these delay the bank's ability to foreclose on your mortgage crisis and increases the banks' costs of foreclosure. Lenders are already faced with thousands more foreclosures this year than last year do not want to spend additional time and resources fighting borrowers. Many have bben caught simply unawares and unprepared for the massive mortgage failures and the volume of foreclosures that they now face.

Hiring a FloridaAttorney to Stop or Slow Down Foreclosure

The benefit of hiring an attorney to file motions that delay foreclosure in Flroida creates a stronger negotiating hand in dealing with the bank. Most Florida foreclosure victims give up. Typically, when in foreclosure, a debtor has many other financial crisis bearing down on them, and there is simply too much to do, causing paralysis, and ultimately loss of your home. Mortgage companies often foreclose with no objection in the courts. Many banks and lenders' attorneys count on this when initiating the proceedings, hoping for a quick lawsuit and property auction. For the banks, the quicker that they can begin regaining losses on the loan, the better for them financially, especially today as property prices continue to spiral downward with each passing week. Borrowers who are represented in court by a competent lawyer show the bank that it will cost much more to go through with the lawsuit than simply to settle the matter in some more beneficial way.
The earlier in the process that you can act, hopefuly long before the bank gets to the lawsuit portion of the process, the more likely you will be able to work out a mortgage modification or other plan to get the loan back on track. If the lender does not cooperate with these types of negotiations, then the bank should know that you, as the borrower are not going to cooperate with the foreclosure lawsuit and simply give up the house with no fight. Defending against the court proceedings may be a last resort, but it can be a most effective one for forcing the bank to negotiate.

Options to Foreclosure

There are several different settlement options that homeowners may bring up, as well, depending on the financial circumstances they are currently in. For borrowers who are able to continue making payments, and are experiencing only a short term crisis - asking for another chance for a repayment plan is an option. Many simply cannot save their homes but wish to avoid the most negative consequences of foreclosure can also negotiate with mortgage companies. All the bank will be offered in return is that the lawsuit defenses will stop and maybe that the owners will keep the property in good condition until ownership is transferred to the bank.
For attempt to negotiate through your attorney that the bank not to pursue a deficiency judgment after the house is sold, or to accept a deed in lieu of foreclosure. Another option is to have the bank auction the property for its market value, which will preclude any taxable forgiveness of debt. Borrowers can also ask for extra time, from a few weeks to a month, to stay in the house and move out peacefully, or even request a cash for keys deal in which the bank pays them to move out of the home without causing any damage.
The many different negotiating stances a borrower has, when using a competent attorney are nearly enormous. None of this can be done without mounting the initial legal defenses in court, or else the bank, its attorneys, and the judge will most likely ignore the borrowers and push the foreclosure forward. Understanding the foreclosure process and hiring a competent legal counsel may ensure the best chance for finding a way to stop foreclosure, or at least avoiding the worst financial and credit consequences of defaulting on a mortgage and losing a home.