Despite Florida’s reputation, foreclosure law may enable you to save your St. Augustine home. Recent statistics have indicated that Florida is the nation’s foreclosure capital with more foreclosure in the past year than any other state. In addition to the fact that Florida lawmakers are trying to rectify the foreclosure situation in the state, you can also get help from a debt relief legal team that knows and understands how foreclosure law applies in your particular case.
State lawmakers, scandalized by the foreclosure crisis in Florida have agreed to divert millions of dollars to provide foreclosure assistance to St. Augustine homeowners and other homeowners throughout the state. Because the number of foreclosures across the state rose by over 50% over the past year, in part because of long-term unemployment, an unforgiving credit market, and a mortgage delinquency issue in the state, lawmakers are seeking whatever means available to reduce the number of foreclosure proceedings statewide.
However, the push to provide aid to Florida homeowner may be too little too late if you own a home in St. Augustine and have already been served a foreclosure notice. In that case, it is likely that you have only 20 days to file a written response that you intend to contest the foreclosure. If that is the case, then you need the help of a legal team that has experience with Florida foreclosure law and the expertise to apply it to your case. When you schedule a consultation with an expert in foreclosure law, your case will be reviewed and possible foreclosure defenses analyzed.
After evaluating your case, you will be advised of your legal options so that you can make the most informed decisions possible regarding whether or not fighting the foreclosure is possible within the bounds of the law. If so, your legal service team will work assiduously to provide you with the most aggressive foreclosure defense possible since it will be up to your lender to prove that they have the right, by law, to foreclose on your property.
Despite the fact that friends and family may have told you that the only way to save your home is to file for bankruptcy that is simply not true. Foreclosure law in St. Augustine does not demand that you begin bankruptcy proceedings in order to avoid foreclosure and there are several non-bankruptcy options legally available to you. Contact a debt relief legal services firm in the St. Augustine area that has a better knowledge of foreclosure law than your family and friends, and let them provide you with the help you need.