Tampa Foreclosure Defense Attorneys
Helping Keep Families in their Homes Throughout Florida
Foreclosure can be devastating for any family. It is never easy to face the possibility of losing your home. It is common to feel overwhelmed when you have been notified about a foreclosure. If you are behind on your mortgage or have been served with a foreclosure complaint and you are faced with the prospect of losing your home, it is important to speak with an experienced Tampa bankruptcy attorney as soon as possible to protect your rights.
There are many things homeowners can do to protect themselves during a foreclosure. In general, you only have twenty days to respond to the foreclosure lawsuit. Since time is short, it is imperative that you take the initiative to immediately contact a qualified lawyer in order to maximize the protection afforded you under Florida law.
How Do I Handle This Foreclosure Lawsuit?
The worst thing you can do is nothing. Some people are paralyzed with indecision when faced with a foreclosure and will do nothing because they think it will cost too much to consult with an attorney. We are a law firm dedicated to helping homeowners fight foreclosures. At the Debt Relief Legal Group, initial consultations are always free and there is never any pressure to retain our services. Depending on your objectives, we will develop a comprehensive plan and foreclosure defense strategy with the goal of minimizing any financial exposure you may have on the mortgage and maximize the time you have to enjoy living in your home. This plan may include foreclosure defense, mortgage modification, negotiate settlements, short sales, deed in lieu of foreclosure, strategic abandonment, and other options.
A well-defended foreclosure may result in months or even years before you will have to relinquish possession of your home. In the context of this defense, we will endeavor to restructure your mortgage, which may allow you to keep your home with a drastically reduced monthly mortgage payment. Alternatively, you may be able to ultimately walk away from the house owing nothing on the mortgage even after living in the house while the foreclosure is pending, which again can take several months or even years to process.
The Benefit of Skilled Representation
In our experience, people who are facing foreclosure, often have other financial problems. In many cases, bankruptcy may be your best solution. If you choose to file bankruptcy, all collections efforts by your creditors, including the foreclosure, may immediately stop. There are basically two types of bankruptcy, chapter 13 and chapter 7. Chapter 13 may allow you an opportunity to cure past due mortgage arrears and even strip off and eliminate a second mortgage or home equity line of credit. Chapter 7 bankruptcy may allow you to eliminate all of your unsecured debt, such as credit cards, medical bills, repossessions and even taxes. Best of all, in most cases you may be entitled to keep all of your exempt assets such as your home, car and household personal items. We may even be able to provide you with information about how to restore your credit to a favorable rating in just two years or less.