Foreclosure Alert - 11/22/2013

While foreclosure filings were down after the passage of the Fair Foreclosure Act because the banks, mortgage companies, and their lawyers had to implement the new law, recent trends show an increase in the number of foreclosures filed statewide. Florida courts continue to fast pace foreclosures through the system, in many cases ignoring homeowner’s due process rights.

Don’t be caught off guard. If you are served with a foreclosure complaint, do not ignore it because the foreclosure courts surely won’t. Seek the advice of a lawyer and learn about your options. At Parker & DuFresne, P.A. we can discuss the foreclosure mitigation options with you, including modification through bankruptcy.