When you are facing numerous financial challenges, the last thing you want to hear is that your mortgage lender wants to foreclose on your home. However, this is the very thing that many families have to deal with when today’s changing economy puts them in a position where they are unable to meet all of their financial obligations.
If you’ve received a letter that your lender intends to pursue a foreclosure on your house, the time to act is now. Don’t wait to get the help you need, or assume that you will lose your home. There are many ways to protect against foreclosure, but it requires the expertise of a seasoned foreclosure defense attorney in order to do so.
Potential Foreclosure Defenses
There are many ways to fight back against a foreclosure, including but not limited to:
- Your lender did not follow proper protocol. Foreclosures must follow a certain protocol, including properly serving the debtor with a notice of foreclosure, among other things. If your lender did not follow the proper foreclosure protocol in Florida, they may not be able to legally foreclose on your home.
- Your bank cannot prove it owns your mortgage. Often, lenders will sell mortgage debt again and again to different parties. Proper procedures must be followed in order to trace the chain of custody back to the lender who currently owns the mortgage. However, if banks fail to complete the necessary paperwork, they may not be able to prove that they own the mortgage, and therefore, may not have the right to foreclose on your home.
- You are an active service member. If you are a service member and are on active duty, you have special protections under the Service members Civil Relief Act (SCRA). This may render your bank unable to foreclose on your home.
Only an experienced foreclosure attorney can examine your unique situation and determine what the best options are to mount a defense. Often, foreclosure defense can be complex, and it’s generally something that the average homeowner can not do on their own.
Contact Rodriguez Law, P.L. Today for More Information
Don’t be frightened when your mortgage lender threatens to take your home. Instead, contact a seasoned lawyer for assistance in keeping your home and getting back on track financially. At Rodriguez Law, P.L., we will evaluate your case in detail and make recommendations on what steps can be taken to protect you and your family from foreclosure. We’ll act quickly to help you keep your home. Call now at (305) 262-8226.