Homeowners experiencing temporary financial hardships may consider bankruptcy as an option to prevent foreclosure. According to the Consumer Financial Protection Bureau, approximately 3 million Americans have fallen behind on their mortgage payments. As reported by...
Foreclosure Defense
Are you aware of these foreclosure scams?
If you are falling behind on your mortgage payments, you may feel desperate for some help. Unfortunately, many scammers play on people's desperation and if you are not careful you could fall victim to a foreclosure scam. It is important to understand some of the most...
Mortgage forbearance may help prevent foreclosure
When people realize they cannot pay their mortgage, they may feel like they do not have options. In some situations, mortgage forbearance may be the solution people need. Mortgage forbearance is one option available to people who are experiencing financial...
Florida foreclosure protections restricted, but extended
As 2020's summer market environment continues to pressure homeowners with mortgages, concerns over a wave of foreclosures due to lack of payment increase. Recently, protections designed to stay off Floridian foreclosures and evictions expired. WJXT news details how...
New mortgage relief for some homeowners
In these difficult times, many Florida homeowners are worried about how they will be able to make their mortgage payments. Fortunately, the federal government has offered some relief. One important aspect of the massive Coronavirus Aid, Relief and Economic Security...
Coronavirus sparks foreclosure concerns
Economic concerns are growing as the effect of the coronavirus begins to cross the country. In anticipation of an increase in mortgage foreclosures, government and independent regulators are working on plans to avoid another foreclosure crisis. These unfolding events...
Is loan modification right for you?
If you struggle to make your monthly mortgage payments, you may be at risk of losing your Florida home. Depending on how indebted you are, you may even consider filing for bankruptcy to get a fresh start. Before you take such a definitive action, consider first the...
Can you stay in your home if foreclosed on in Florida?
If during a financial struggle, you miss a mortgage payment; your first worry may be whether the lender will foreclose on your home. In the state of Florida, judicial foreclosure is a requirement. This means that a mortgaged property sells under the supervision of a...
Top 4 ways to prevent foreclosure
At Hathaway Sprague Law, P.A., in Florida, we represent numerous people facing financial difficulties and foreclosure of their home because of them. We therefore understand and empathize with the fact that if this description fits you, you likely will do whatever you...
What do you do if you cannot pay your mortgage?
A number of circumstances can lead to difficulty paying your mortgage. They can be sudden or gradual, temporary or permanent. If you go too long without making payments, the final consequence may be a foreclosure on your Florida property. Fortunately, there are steps...
