Sep
30
Foreclosure Process In Florida? Avoid Foreclosure Monroe
ByForeclosure Process In Florida? Avoid Foreclosure Monroe
I had to file bankruptcy due to the loss my home took and the ARM rate I was locked into. After SEVERAL attempts to work something out with my lender it became obvious bankruptcy was my only option to avoid the deficiancy judgement. Bankruptcy is done and over with however I am still in the home. I was FINALLY just served my first set of paperwork for the foreclosure last night. Can someone who has been through this tell me what is next? I don’t see a date on the paperwork for the auction of the home and from what I understood I could basically stay in the home until the day of the auction? Thanks for your help.
2 Comments
October 2nd, 2009 at 10:02 pm
depends where in Fl, Orange ,seminole county Judges are refusing to hear foreclosure notices until the lender and the borrower try to work something out, in Cental Fla they are running two to six months behind
October 3rd, 2009 at 4:25 am
You can probably stay in your home until you are evicted. But that may not be in your best interests.
You probably should check with a legal adviser on how to proceed. You will eventually have to find other housing. You may find a bankruptcy AND an eviction will make you a less than desirable tenant.