Foreclosure 'tsunami' swamps South Florida courts

Lori Rodriguez, like many of our clients, was in danger of losing her house - until her Foreclosure Defense Attorney asked a judge to order it. The judge then forced her lender to try to work out new loan terms in court-ordered mediation.

Our clients like Rodriguez, are the lucky few South Floridians who have emerged from foreclosure court keeping their home. But thousands of other Broward, Palm Beach and Miami-Dade county homeowners are still stuck in the court system, hanging on to their hopes and their homes, and straining the resources of South Florida courts.

Many of the homeowners facing foreclosure, like Rodriguez, haven't paid their mortgages for a year and sometimes longer.  Rodriguez however sought the advice of an experienced Florida Foreclosure Defense Attorney which is what has kept her in her home.  Homeowners must fight back by consulting with an experienced Florida Foreclosure Defense Attorney to save their home.

Starting next month, lenders or loan servicers will be required to go to mediation with South Florida borrowers before they can ask a court to issue a foreclosure judgment against a homesteaded property. The lenders don't have to give borrowers a loan modification, but the two sides must try to work out a new deal, under the watch of a trained mediator.

Mediation makes all the difference in the world; there are so many opportunities to resolve matters in mediation, a lot of creative ways. If homeowners want to emerge from foreclosure court keeping their homes they must seek the advice and representation of an experienced Florida Foreclosure Defense Attorney.