Bankruptcies and Liens: Clarifying Some Myths

Foreclosure is never a situation you want to find yourself in, but you can try to delay the process or ask for a loan modification so you can keep your home. If all else fails, though, you may have no alternative but to file for bankruptcy. By doing so, you will benefit from an automatic stay, which immediately halts all your debtors’ collection efforts. More importantly, you get to keep your home at least until the bankruptcy case is discharged in court. Read more ›

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Delaying Foreclosure under the Dodd-Frank Act

Due to the great number of foreclosures that occurred as a result of the mortgage crisis, mortgage servicing errors became quite common and were often outstandingly bad. This caused all sorts of problems for homeowners with mortgages, so on January 10, 2014, the federal government put into effect new legislation that would increase consumer protection by requiring mortgage services to comply to new requirements. Read more ›

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Stop from Losing Your Home Over Bad Affidavits

It’s one thing to lose a home when the issue is something you could have avoided. It’s an entirely different matter, however, when you risk doing so because somewhere along the line, someone lied about your documents. While this scenario might sound like something that could never happen in America, in truth, it does and it has—quite spectacularly, too. It was called the robosigning scandal. Read more ›

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Foreclosure 101—Can You Get Your House for Free?

You’ve heard that someone who fought foreclosure eventually got his house for free. Is that even possible? Fortunately for you, it actually is. However, not everyone facing foreclosure is in a position to receive that verdict. Also, although there could be a good chance that your case would have this highly favorable outcome, the result would generally come only after months and even years of legal battle that could go from state court to bankruptcy court, and possibly even into federal court. Read more ›

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Keeping Jewelry after Bankruptcy

There are various reasons that people sometimes want to hang on to their jewelry even after they’ve filed for bankruptcy in Florida. In some cases, the jewelry in question is a family heirloom and has been passed on for several generations. In others, the jewelry is an asset being kept as an investment, while for some still, that jewelry might even be an expensive set of wedding rings shared between married individuals. Read more ›

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Florida’s Delay-friendly Foreclosure System

One of the biggest advantages of owning a home in Florida is the state’s incredibly delay-friendly foreclosure system. Florida follows a judicial process for foreclosures, which provides residents with some unique advantages.

In states that allow nonjudicial foreclosures, the only way to stay the foreclosure process is to file an action in state court for a temporary injunction to hold the sale. However, doing so in most nonjudicial foreclosure states will require you to post a bond to protect the owner from financial loses. That requirement can be quite expensive and generally defeats the purpose of bringing the case to court. Read more ›

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Understanding the Robo-signing Phenomenon

Facing foreclosure is one of the hardest things a homeowner can experience. However, you’d be surprised to know how callously banks and lenders initiate the foreclosure process. Case in point: the robo-signing fiasco.

Before a lender can file a foreclosure case, they must first submit an affidavit to Florida courts stating that they own the mortgage and that the borrower has been delinquent in paying it. Since an affidavit is signed under oath, however, the lender must perform due diligence prior to filing it. Read more ›

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Foreclosures and Short Sales

If you’re having financial troubles with your house for reasons like losing your job or your adjustable-rate mortgage skyrocketing to an amount you can’t afford, there is an option that allows you to salvage your credit and avoid bankruptcy: Short sale. Read more ›

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Reaffirming a Mortgage: Pros and Cons

Reaffirming a loan—that is, waiving the discharge of a loan in Chapter 7 bankruptcy—comes with its share of pros and cons. Before reaffirming your mortgage, you should consider the following: Read more ›

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Options against Foreclosure in Florida

When it comes to foreclosure rankings, Florida has been in and out of the number one position for some time now. If you’re facing foreclosure today, perhaps you can find comfort in the fact that you are not alone in your plight, and that not every outlook in this situation is bleak. You always have a chance to save your home.

So how do you beat foreclosure? There’s no one right answer here, no one-size-fits-all solution. The options available to you may not even be the same choices applicable to your neighbor. That said, there are many ways to deal with your predicament other than simply sitting back and letting the bank seize your home. Here are some of the most viable options. Read more ›

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About

One of the most important things we offer the clients who retain us is peace of mind. Certainly you will still worry and you and your family will have questions, but you will have a dedicated team of attorneys and staff that are standing by and immediately ready to respond to your questions and needs. Foreclosure is different for every family. Find out more at http://mattweidnerlaw.com/.

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