Foreclosure Defense in South Florida
You have worked hard and made sacrifices to own your home. Unfortunately, life sometimes throws us curve balls that cause us to swing and miss our goals. Unexpected events such as losing your job, a prolonged illness, or losing a loved one can cause you to fall behind on your mortgage payments as you struggle to recover from the financial crisis the event caused. Hundreds of foreclosures take place in the Palm Beach County area. Homeowners facing a foreclosure action need a foreclosure defense attorney with extensive legal knowledge of both Florida foreclosure law and U.S. Bankruptcy law.
Richard S. Weinstein of The Law Office of Richard S. Weinstein, P.A. has over 20 years of experience in foreclosure defense. Contact our office online or by calling 561-745-3040 to discuss how Mr. Weinstein can help you save your home from foreclosure.
Foreclosure Timeline
Many clients ask us how long they have before a foreclosure lawsuit is filed once they miss a mortgage payment. That is a difficult question to answer because each mortgage lender has different policies regarding foreclosures. In most mortgages, the homeowner has a 10 to 15 day grace period to make the payment before a late fee is assessed; however, this does not change the due date of the payment. If the mortgage payment is not made on or before the due date, the mortgage is in default.
Even though a mortgage is in default, most mortgage companies will not turn the account over to a foreclosure attorney until you are three to four months behind while some companies wait longer than that to retain a foreclosure attorney. The mortgage company will try to collect the past due balance but it will eventually send you a Breach Letter notifying you of the past due loan payments and giving you the opportunity to cure the loan payments prior to commencement of foreclosure proceedings. If you cannot catch up your loan payments or make some arrangement with your lender, it may be time to.Contact a Palm Beach County foreclosure defense attorney with bankruptcy knowledge.
Ignoring the matter can only make it worse. The earlier you act, the better the opportunity to assert any technical defenses that you may have to the foreclosure complaint. The sooner you contact a Jupiter foreclosure defense attorney the more the attorney will be able to help you.
Do Not Ignore a Florida Foreclosure Lawsuit
By ignoring a foreclosure lawsuit, you are speeding up the foreclosure process. The mortgage lender will apply for a default judgment to move the matter to a foreclosure sale. If you have received a Breach Notice or a Florida foreclosure lawsuit, contact The Law Office of Richard S. Weinstein, P.A. online or by calling 561-745-3040 immediately.