Let’s get one thing straight: the reason that you need
professional legal assistance when you are facing the potential foreclosure of
your Florida home is because the bank or mortgage company who owns your
mortgage will not look out for your best interest. The global financial crisis that resulted, in
part, from fraudulent business practices on Wall Street created a situation in
which your home mortgage – and the rights to it – has likely been sold as bonds
to multiple stakeholders. What this
means is that there is no one at your bank or mortgage company who will lend a
sympathetic ear to your financial hardships, regardless of how devastating they
might be, because there are multiple corporate interests involved.
In fact, many of these companies have moved your mortgage
around between themselves that they are unable to provide original documents
proving that they, indeed, hold the loan.
This has created a situation in which companies are using falsified
documents to take your home from you—and these documents are passing through
the courts unnoticed because of the wave of foreclosures that are happening around
the state. The same companies who
participated in throwing Floridians in a tailspin with sub-prime mortgages and
unethical business practices are now welding their power to take residents’
homes away from them.
This is why a foreclosure defense attorney is a valuable
asset to have on your side if you are facing the threat of foreclosure of your
Florida home. With the right defense in
place, you will have a much greater chance of delaying, or even winning, the
foreclosure claim that has been placed against you. Foreclosure defense attorneys know what to
look for to make sure that your bank or mortgage company is playing by the
rules (because so many of them don’t!) and know all of the legal processes to
keep you in your home for as long as possible, even if you have missed a
payment on your mortgage.
