FORECLOSURE DEFENSE
FORECLOSURE DEFENSE ATTORNEY IN FLORIDADEFENSE AGAINST FORECLOSURE
For many years now, the annual foreclosure rate among those in the United States has been well under one percent. In fact, since 2013, the number had not even come close to the one percent threshold, much less exceed it. The housing market wasn’t always in great shape, but Americans were generally able to keep their homes from being foreclosed. That was, of course, until the global COVID-19 pandemic of 2020 – and the resulting financial fallout.
The foreclosure rate in Florida and many other parts of the country soared during late 2020 – and is continuing to boom in the early months of 2021. While 2020 itself saw a dramatic drop in foreclosures – even more than what was projected in the previous year, before the pandemic became a factor – this is largely attributed to governmental safeguards put in place during the financial crisis. As such, foreclosures were temporarily prevented. Now, though, these events are happening in record numbers all over the country.
Many people believe that they have no options, now that government programs have largely expired. That simply is not the case. Losing your home does not have to be a foregone conclusion to whatever financial strain you might be experiencing! With the help of a knowledgeable foreclosure defense attorney, you can potentially avoid foreclosure altogether – and begin the process of rebuilding your finances for the future!
FREQUENTLY ASKED QUESTIONS
HAVE THERE BEEN ANY MAJOR CHANGES TO FORECLOSURE LAWS?
Indeed, foreclosure laws and procedures changed significantly in 2013. These changes made the process faster and more definitive. While small adjustments are always being made to laws in this area, a practicing attorney can help you stay up to date.
AREN’T FORECLOSURES ON HOLD BECAUSE OF THE PANDEMIC?
The pandemic and subsequent economic fallout of 2020 brought many challenges, including dealing with families that fell on hard times beyond their control. While there was a temporary federal hold on foreclosures and evictions, this has since expired.
WILL BANKRUPTCY STOP FORECLOSURE?
Bankruptcy can be a great solution to dealing with a potential foreclosure, but it is not a decision to make lightly. It also is not best for every scenario. Always seek the guidance of legal counsel before filing for bankruptcy – even when facing foreclosure.