Generally when you’re having problems making your mortgage payments the lender may foreclose, if it goes for a long period of time that you’re not paying the mortgage; anywhere from three to seven or eight months. It’s quite possible that the lender will file a foreclosure action in order to put pressure on you to begin payments, to entice you to maybe process a loan modification or a short sale but the point of the foreclosure is to get the property back.
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Law Office of Ray Garcia, P.A.
Our mission is to provide our clients with legal services that not only meet their needs but exceed their expectations. We approach all practice areas with care, knowledge, experience, and determination. Trusted In South Florida For Decades.
Latest posts by Law Office of Ray Garcia, P.A. (see all)
- Are You Doing Enough to Protect Your Intellectual Property Online? - September 16, 2024