Foreclosure Lawyer In Martin County
Experience foreclosure attorney serving St. Lucie and Martin Counties.
THE FORECLOSURE LAWSUIT AGAINST YOU PROBABLY MEANS THAT, TO THIS POINT, YOUR ATTEMPT TO WORK OUT THIS MATTER WITH YOUR LENDER HAS FAILED.
The fact that the mortgage holder filed for foreclosure does not necessarily mean you will lose your home.
They have to prove they own the mortgage and that you owe the money. In many cases because the mortgage changed hands, they do not have the records to prove their case. This may prevent them from foreclosing.
They may have violated the many federal and state laws that protect you the consumer. This may prevent them from foreclosing.
We may be able to re-negotiate the mortgage to terms you can live with.
If all else fails, we may be able to get a federal bankruptcy court to order them to change the terms to those you can live with.
CALL IMMEDIATELY for a FREE NO OBLIGATION CONSULTATION. We look forward to your call.
___________________________________________________________WARNING
Walking away from a home in foreclosure may cost you hundreds of thousands of dollars.
Many people are under the impression you can just walk away from a foreclosure. They think there is no harm in rolling over.
WRONG!
After a foreclosure and sale of your home, the lender can seek a judgment for the difference between what is due on the mortgage, and the price they get at the sale. This is a deficiency judgment.
EXAMPLE:
You owe $150,000.00 on the mortgage. The lender forecloses. Your home is sold at auction, on the courthouse steps, by the Clerk of Courts. Your home is sold for $50,000.00.
The lender now goes back into court to get a personal judgment against you for the $100,000.00 difference.
YOU now owe the difference of $100,000.00 PLUS attorney fees and costs, AND you also lost your home. If you have an investment property, you may have to pay tax on that amount.
Your credit is damaged twice over. FIRST, by a foreclosure on your credit report SECOND, by the deficiency judgment against you. A creditor can chase after you for years to get that money.
Perhaps you made a mistake by getting into the loan in the first place. Do not make the mistake much worse by just walking away.
You NEED to try to resolve the matter more favorably. We may be able to raise issues that will allow us to negotiate a better result.
Please review our site and see what we may be able to offer you.
Feel free to Call us at 772-286-3336.
