Articles Posted in Miami foreclosure defense lawyer

Orders to Show Cause in Foreclosure Defense Cases -FAQs
Florida Foreclosure Defense Law Firm, P.A.

December 29, 2024

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Florida law allows for a unique statutory foreclosure procedure that speeds up the foreclosure processes for lenders. This can be troublesome for borrowers. During the process, the bank can ask the court to show cause why a final judgment of mortgage foreclosure should not be made. This shifts the burden to borrower to demonstrate why the…

Assignment of Rents -Requirements of Lenders
Florida Foreclosure Defense Law Firm, P.A.

December 29, 2024

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Florida Statute 697.07 allows banks to obtain an assignment of rents as additional security in the event of default of a mortgage. Sending a written demand under Florida Statute 697.07(3) is a crucial step in perfecting the lender’s right to rental payments. After default and upon a written demand by the mortgagee, the mortgagor must deliver…

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Articles Posted in Miami foreclosure defense lawyer

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