Helping Clients Respond to Foreclosure Proceedings in South Florida
The foreclosure process in Florida can be scary to handle on your own. If you are facing foreclosure, you may feel like you have no options. Do not fear, because you can take action to protect yourself, your credit and, potentially, your home.
Our Miami bankruptcy lawyers at Ferrer Shane, PL, have experience representing individuals and families throughout South Florida in foreclosure proceedings. We are available to assist you at any stage of the process. To learn about your best options at this time, call us at 305-262-2728 to schedule your free initial consultation.
Should You File Bankruptcy? If So, When Should You File?
The answers to these questions vary by individual or family. A general answer, however, is that you do not want to file bankruptcy immediately upon receiving notice of your impending foreclosure. To understand what your situation deserves, it is important to contact an experienced bankruptcy and foreclosure lawyer. Your unique circumstances, from how much you still owe on your home to the state of your credit, will help guide us toward the right answer for you.
Waiver of Deficiency Versus Bankruptcy
If you are in the beginning stages of foreclosure, our lawyers can seek to avoid it through obtaining a waiver of deficiency from your lender. This waiver of deficiency states that the lender will not attempt to seek a deficiency judgment to retrieve any remaining portion of your mortgage should you sell your home in a short sale or when the property is sold by the Clerk of Courts.
If you are far into the foreclosure process, filing Chapter 7 bankruptcy or Chapter 13 bankruptcy will stop foreclosure proceedings. Depending on your situation, you may be able to save your home through either bankruptcy chapter.
The best method to determining where you are in the foreclosure process and whether bankruptcy is necessary or right for you is to contact an attorney skilled in both foreclosure and bankruptcy proceedings.
Contact Our Miami, Florida, Bankruptcy Law Firm for Personalized Legal Advice
If you are facing foreclosure and would like to file bankruptcy to stop the proceedings, call one of our experienced bankruptcy and foreclosure attorneys at 305-262-2728 or contact our Miami law firm online to schedule your free consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
