Tuesday, September 3, 2013

Fast-Track Foreclosure Law

Fast-track foreclosure is now the LAW in Florida. What does this mean for you? This law essentially expedites the process the banks must follow in prosecuting foreclosure actions. It's a big change and it is important that you know the basics.



This law shifts the burden of proof to the homeowner by requiring that you file an answer to the lawsuit within a very short time period of 20-45 days.

If you fail to do this, the law allows the Court to enter a final judgment of foreclosure against you. What this law means for the homeowners of Florida, is that it's now more important than ever to seek the help of an experienced attorney to assert your legal rights.

If you want more information on the fast-track foreclosure law and how it may affect you, please contact our office.

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