Fighting to Keep Your Family in Your Home
If you have received a notice of foreclosure, it does not mean that your home is already lost. Receiving a foreclosure notice is only the first step in the foreclosure process, which may take weeks or months to fully complete. It is important that you understand the process of foreclosure so that you have as much control over the outcome as possible and you understand your options for fighting the loss of your home.
At the Debt Relief Legal Group, our Tampa bankruptcy lawyers have helped many homeowners in Florida keep their homes, even after receiving a foreclosure notice. In some cases, it is even possible to stop a foreclosure sale on 24-hour notice. You still have rights and options that you can assert by speaking with an experienced attorney.
Save Your Home With a Florida Attorney
If the bank has not received a monthly mortgage payment, that bank will usually send a notice of missed payment, along with a warning about sending in the payment to avoid future action. At a certain point, the bank may send a notice of default. This notice of default may state that if a payment is not made right away, then further measures, such as foreclosure, may be taken.
If no response that satisfies the notice of default is made with the bank, formal foreclosure proceedings may begin. The bank may file a complaint in the county where the property is located, and it is not until the actual foreclosure sales takes place that the home may be lost. There are many opportunities during this process for you to speak with an attorney and halt the process, either by getting current again on the mortgage or by ceding the property. Our firm can help you take advantage of those opportunities.