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Fort Lauderdale Foreclosure Lawyer

The foreclosure process begins when the lender (the bank) files a foreclosure complaint against the debtor. Once the debtor is served with the complaint, he or she has twenty (20) days to file a response to the allegations listed in the complaint. If the debtor fails to file a response, the lender may try to get a default judgment. It is very difficult to defend a foreclosure if the lender obtains a default judgment. That is why you should contact an experienced Fort Lauderdale foreclosure attorney or Fort Lauderdale foreclosure lawyer as soon as you are served with the foreclosure documents.
There are many defenses that you may be able to use to challenge your foreclosure case. Many of the banks which initially gave you the loan, or the banks that have purchased your debts, are represented by “foreclosure mills”. These are law firms that work on thousands of cases every day and often fail to take the proper steps and follow the legal requirements necessary to file your case. The big banks are no different. They often turn a “blind eye” on the consumer protection laws designed to protect the public from abusive and illegal practices.
Fort Lauderdale Foreclosure Lawyer
At The Law Offices of Yuri Tsyganov, P.L, we understand that no case is the same and that each person’s legal goals are different from the next. That is why we take the time to carefully review all of the documents associated with your case in order to help you come up with the best solution to your legal problem.
The first question that you have to ask yourself is, “do I want to save my home?” If your answer is YES, then you should consider the options described below:
Loan Modification: We may be able to modify the terms of your loan. Our attorney will work closely with the bank representatives to help reduce your monthly payments. Please keep in mind that even if you begin negotiations to modify your loan, the bank will still try to take your house. That is why we will keep a close eye on the foreclosure process and use the defenses available in your case while diligently working to modify your loan.
Bankruptcy: A lot of people think that filing for Bankruptcy is embarrassing and has negative effects on your credit. What most people don’t know is that filing for Bankruptcy may help you save your home. Filing for Bankruptcy immediately stops the foreclosure process or the sale of your home at a public foreclosure auction. Even more, you may be able to make past payments in smaller increments to your lender. You may also be able to discharge most of your other debts and keep a substantial amount of your current assets. Bankruptcy should not be looked at as an embracement, but rather as a smart financial decision available to you and your family during difficult times.
If you don’t want to modify your loan or file for Bankruptcy, you may have to give up your home. If that is case, you still have other options.
Foreclosure Sale: If the bank sells your house at the public foreclosure auction for less than what you owe, you may end up having to pay more money to the bank. This is called a deficiency judgment. We may be able to help you negotiate with the bank to reduce the deficiency amount. If the bank does not cooperate, you still have the option of filing for Bankruptcy.
Short Sale: Although the actual process of a short sale is quite complicated and time consuming, the concept itself is very simple. A short sale is when you sell your home for less than what you owe on it and the bank agrees on the sale price. We may be able to help you work with the bank to approve the short sale of your home.
Deed in lieu: A deed in lieu of foreclosure is when you give the deed to your house to your lender in order to avoid the foreclosure process. This is not an easy process and requires a lot of paperwork. If you are successful, your credit will not suffer and no one will be able to find out about this transaction in the public records.
The Attorneys at the Law Offices of Yuri Tsyganov, PL have help many people successfully defend and resolve their foreclosure case. Your bank pays a lot of money to their lawyers to take your home. There is no reason why you should not stand up and fight for your rights. We may be able to help you. The bank is getting closer and closer to taking your home with every day that you don’t address your foreclosure issues. Call our office today for a Free Consultation and start taking matters in to your own hands.

Consult a Fort Lauderdale Foreclosure Attorney: Call Us Today For Free Initial Consultation

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Please feel free to contact one of our attorneys for a free initial consultation, if you are looking for a Fort Lauderdale foreclosure lawyer.