When
a borrower has become what the lender deems as
habitually delinquent in their mortgage payments,
the lender may legally seek to foreclose on
the home or property.
The
lender begins this process by be petitioning the
court in a judicial foreclosure proceeding
where the court will issue a it's ruling and final
judgment of a foreclosure legal claim.
The
mortgage documents are filed to evidence the
underlying debt and terms of repayment, which is set
forth in the note.
A
complaint is filed in county court along with what
is known as a lis pendens, which is a recorded
document that provides public notice that the property is being
foreclosed upon. After the court has ruled in
favor of the lender, the property may then be sold
as part of a publicly noticed sale or auction.
As a law firm providing experienced
foreclosure
attorney &
lawyer
legal services, assisting Lakeland, Winter Haven, Bartow, and
Polk County
Florida
residents and businesses with
foreclosure
legal issues, we are committed to
protecting the legal rights of each and every client, while always
striving to provide
the highest standard of legal representation.
If you are dealing with
foreclosure
legal issues or disputes, make sure your legal rights are protected
by seeking the legal advice of an experienced
Lakeland
foreclosure
attorney & lawyer by contacting
Gregg S. Kamp, P.A.,
at calling
(863) 646-3135.
The foreclosure process generally takes approximately
150-180 days to effectuate an uncontested foreclosure,
depending upon the court schedule. This process may
often be delayed if the borrower chooses to contest
the foreclosure action, seeks delays and
adjournments of hearings, or files for
bankruptcy.
The
defendant, or borrower, has a specific period of time to
respond to a foreclosure complaint (notice) which
has been fired with the court. Typically this is 28 to
30 days. Failure to respond in the prescribed period of
time may result in a foreclosure approval by
default, in favor of the lender.
When the foreclosure is against a business property, it can
be devastating for the for companies currently conducting
business at the property location. We can represent your
legal rights and interests in the foreclosure legal issues.
When the property resident is the owner of the property, we
may be able to assist you in negotiating an agreement with
the lender to restructure the payment structure or develop
an acceptable payment plan to get caught up. If the
operating tenant is not the owner of the property, there may
be legal standing to keep the property operational to
continue to conduct business through the current leasing
agreement.
When dealing with
foreclosure
legal
issues or disputes, it is
important to seek the legal advice and representation of an experienced
foreclosure
attorney or lawyer as soon as possible, as the longer
you wait to obtain legal representation may directly affect
your ability to achieve a successful outcome. Contact
Gregg S. Kamp, P.A.,
today by calling
(863) 646-3135.
We provide professional
foreclosure
attorney & lawyer legal services in
Lakeland, Winter Haven, Bartow, and the Polk County Florida
area.
We urge you to be proactive in protecting your legal
rights.
Speak
to an experienced
foreclosure attorney & lawyer at
Gregg S. Kamp, P.A.,
about your specific legal issues...
Call us today at
(863) 646-3135
, or use our
online case evaluation form, to schedule a confidential
legal consultation.
Protect your legal rights and
make sure
your best interests are diligently
represented. We are experienced and have the
resources to handle all of your
foreclosure and other
real estate legal needs.