Category Archives: Bankruptcy and Foreclosures
What Constitutes Squatting in a Foreclosed Home?
Homes that have been foreclosed upon sometimes sit empty for a period of time, and when they do, it presents a perfect opportunity for squatters to take up residence in the home – and to live there rent-free. If they stay long enough they may, over time, be able to gain ownership rights… Read More »
How Many Payments Do You Have to Miss Before Your House is Repossessed?
Having your house repossessed means your mortgage lender or servicer has taken back your property after you have defaulted on payments. Homes can be repossessed because mortgage loans are a type of secured debt in which the lender has an ownership stake in the borrower’s property. Contractually, the bank is allowed to take back… Read More »
Can a Lender Foreclose if You Don’t Make Your Payments?
The prospect of foreclosure can leave any homeowner wondering, “Will it happen to me?” And the reality is that it truly can happen to anyone. No one is immune to falling on hard times, and right now we’re all living in particularly challenging times. If you are struggling to make your mortgage payments… Read More »
Should I Do a Mortgage Forbearance?
We’ve heard a lot about mortgage forbearance this past year during the coronavirus pandemic, but many people may not fully understand what mortgage forbearance is and how it can be used by homeowners who are struggling financially. Before deciding if forbearance is right for you, it’s important to fully understand your options and obligations… Read More »
How Do I Know Who My Mortgage Lender Is?
It may seem straight-forward, but in reality, finding out who owns your mortgage isn’t always so cut-and-dry. From nearly the minute after you close on your home, your mortgage loan is already getting sold – and perhaps re-sold and re-sold many more times after that. Moreover, the company that services your loan (the one… Read More »
Can I Sell My Home in Pre-Foreclosure?
Losing your home to foreclosure is an emotionally trying experience, and for people already facing financial hardships, attempting to understand your rights and options during foreclosure can be a burden too difficult to carry. At Jacobs Legal, our experienced foreclosure defense team gets right to work fighting the tough fight on your behalf so… Read More »
How Long Does a Foreclosure Take in Florida?
If there is to be any good news in a foreclosure situation, it’s that the process is lengthy – generally lasting more than a year. That’s good news because it gives homeowners time and opportunity to mount a strong defense and fight to keep their home. Here in Florida, a wave of foreclosures will… Read More »
Do You Lose Everything in a Foreclosure?
With foreclosure, there are so many questions and usually your lender is very reluctant to provide any answers. That’s what we’re here for. To help you fight back and keep your home but also to educate you on the foreclosure process so you know your rights and can do everything in your power to… Read More »
How to Avoid Foreclosure and Save Your Home
When you buy your new home, the last thing on your mind is foreclosure, but unfortunately economic hardship can fall on anyone. If you find yourself nearing the prospect of foreclosure, there are steps you can take to avoid foreclosure and save your Florida home. What to do if your home is at risk… Read More »
The Bank’s Burden of Proof in a Foreclosure Case
The bank has no foreclosure case against you if it cannot prove its claim against you. Don’t let them try to bully you into thinking otherwise. When it comes to Florida foreclosure cases, your best defense is an aggressive offense, and that means forcing your bank to prove their claims. Every claim they make… Read More »
