Foreclosure Bill May Harm Florida Homeowners

The state senate recently cleared a new bill (SB 1980) which would significantly speed up the foreclosure process for Florida mortgages in default. The bill has homeowners that are already worried about their current foreclosure or mortgage problems bracing for another hit. Proponents of the bill say that the purpose is to more expeditiously clear the way for the nearly 370,000 backlogged foreclosures in the state courts. According to a recent survey, nearly a quarter of the U.S.’s total foreclosures come from Florida. Are you facing foreclosure of your home? A Miami-Dade commercial litigation lawyer skilled in foreclosure defense may be able to help.

Bill Doesn’t Address Real Cause of Foreclosure Issue

Consumer protection agencies, state attorney general’s offices and others have indicated that the new foreclosure bill does not fix the real problem behind the onslaught of foreclosure cases and will only further harm those going through the process. Authorities have discovered cases where incorrect and flat out fraudulent foreclosure filings were brought against local homeowners. Critics are concerned that those who have been the victims of bank lending abuse and other mortgage and foreclosure difficulties will only be further victimized by the process if the bill becomes law. It is argued that if banks, lenders and other agencies involved in the mortgage process had their paperwork and documents corrected, validated and properly maintained there may not be as many foreclosure cases stalled in court as there apparently are.

Foreclosure Defense Attorney for Miami-Dade and Broward

It goes without saying that the threat of losing your home is extremely stressful and emotionally trying for you and your family. That is why a foreclosure defense attorney on our dedicated team is passionate about helping clients prevent the loss of their home or seek other options to a foreclosure. Our clients have discovered what the hard work and nearly 100 years of combined experience can accomplish at the Law Office of Maria L. Rubio. There are a number of options that may be available to you so it is crucial that you work with a knowledgeable lawyer as soon as possible. We have helped clients successfully delay or stop the foreclosure process through loan modification, short sale, deed in lieu of foreclosure and other options.

Contact a Miami-Dade foreclosure defense lawyer with our dedicated firm today to learn more about your legal options to avoid a foreclosure on your home.