Looking to Save your Home from Foreclosure?
FREE CONSULTATION | Talk to an experienced South Florida attorney to discuss you options.
FREE CONSULTATION
FORECLOSURE is a legal process where a creditor such as a lender or condo association files a lawsuit to obtain judgment authorizing it to place your property for sale at a public auction. We’ll have a one to one consultation to discuss. your options, loan modifications, and whether Bankruptcy is recommended.
Once you receive notice about the lawsuit, most people typically have 20 days to respond to the suit. If you file a response contesting the foreclosure action, it may take years before a judge rules on whether to grant the foreclosure.
FREE CONSULTATION
FORECLOSURE is a legal process where a creditor such as a lender or condo association files a lawsuit to obtain judgment authorizing it to place your property for sale at a public auction. We’ll have a one to one consultation to discuss. your options, loan modifications, and whether Bankruptcy is recommended.
Once you receive notice about the lawsuit, most people typically have 20 days to respond to the suit. If you file a response contesting the foreclosure action, it may take years before a judge rules on whether to grant the foreclosure.
Judicial Foreclosures
In around half of the states, the bank has to file a lawsuit in court to foreclose. This process is called a judicial foreclosure. If you live in a state where foreclosures go through the court system, you might get 30 days’ notice of the bank’s intent to file a foreclosure action in the form of a “breach letter” (if the terms of your mortgage or deed of trust require it).
You will definitely get a summons and complaint telling you when a foreclosure action has been filed in the appropriate court. Once you receive notice about the lawsuit, most people have 20 to 30 days to respond to the suit.
If you file a response contesting the foreclosure action, it might take a few months—or even longer—before a judge rules on whether to grant the foreclosure.
Nonjudicial Foreclosures
In the remaining states, the foreclosing bank can opt to use an out-of-court (nonjudicial) process to foreclose. With a nonjudicial foreclosure, the bank has to carefully follow a series of steps described in the state statutes to complete the process.
Foreclosure Intake Checklist
Local Phone: 561-543-9226 Nationwide: 1-800-241-1559
