The number of foreclosure actions instituted in the state of Florida over the past several years is huge. In fact, media outlets still regularly report on the foreclosure problems facing homeowners throughout the state. With the staggering number of foreclosure actions working their way through the courts – reportedly over 250,000 – it is not surprising that Florida Courts are struggling to keep up. A recent article examined the responses to foreclosure proceedings and the effects on homeowners.
Seeing a lawyer for a bankruptcy problem is much like seeing a dentist. You try to ignore the pain as long as you can before you make an appointment. When you finally do, you wonder why you waited so long and went through months or years of unnecessary discomfort.
As an attorney who sees clients in Miami-Dade, Broward/Fort Lauderdale and from Key Largo to Key West, I often advise a new client that the most difficult decision they have had to make concerning their financial problem is whether to call my office. From then on, we deal with solutions, not problems.
How then, should you choose a bankruptcy lawyer?
Do not go to a bankruptcy ‘mill’
How Did This Happen?
I doubt that you planned to be sued in foreclosure. Most likely, you planned for your home or other real estate to be a primary investment. Unfortunately, the economy didn’t cooperate. Or, in a world of constantly rising real estate prices, you kept borrowing against imagined equity, assuming that the market would never turn. Or, you or your spouse lost a job in suzhou and unemployment benefits are a fraction of your old income. Or, you bought in to the sales pitch of mortgage lenders who held out the promise of easy money without concern about your income or debts.
Anyway, here you are. You are 6 or more months behind in your payments, loan modification has been denied, or hasn’t been considered or is under review. What can you do?
Defend the Florida Foreclosure Lawsuit!