|Real Property Law|
|Special Needs Trusts|
|Park Place Offices10019 Park Place Ave.|
Riverview, FL 33578
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When individuals are faced with financial hardship, falling behind on mortgage payments may be inevitable. If a person has stopped paying for several months, the lender will accelerate the entire mortgage debt owed and will initiate legal foreclosure of the property. When a person is in default, it is important to consult with a real estate attorney to discuss several options that are available to either avoid or decrease the impact of a foreclosure. Allen Law, P.A. offers a free* initial consultation which can help individuals to determine which of the options below is best suited to meet their specific needs.
If served with a foreclosure complaint, individuals have 20 days to respond. However, Allen Law, P.A. can assist individuals at any stage of the foreclosure process. It is strongly recommended to hire an attorney to aggressively defend a foreclosure, which may prove beneficial where there are defenses against the lawsuit, such as lack of standing or violations of Florida and Federal law. While the attorney engages in a legal battle against the lender, persons can consider the following options:
Regardless of the option chosen, it is important to consult with an attorney to determine the legal, tax, and credit reporting implications of each course of action. Allen Law, P.A. can help provide a legal defense for individuals faced with foreclosure so that persons living in the property (including tenants) are spared from the shock of a sudden eviction by the lender. You may contact us for a free* initial consultation with a real estate attorney.