Florida's Fast-Track Foreclosure Process

Are You in Danger of Losing Your Home? Contact Owenby Law, P.A.

Owenby Law, P.A. offers effective solutions to Jacksonville residents who are in danger of losing their homes to bank foreclosures. The housing collapse of recent years brought to light the fact that Florida's foreclosure process was among the slowest in the nation. In June of 2013, in an effort to relieve the pressure on the court system that the foreclosure backlog was causing, Governor Rick Scott signed the Fair Foreclosure Act into law, which significantly reduced the amount of time that is required for a mortgage lender to foreclose on residential property.


What this means for homeowners is that they must act quickly if they are in foreclosure or believe that their lender is about to initiate foreclosure proceedings. If you have fallen behind on your mortgage payments, contact our firm immediately.


Changes in Florida Foreclosure Proceedings

Prior to signing Florida's Fair Foreclosure Act into law, foreclosures in the state of Florida could take up to three years. Among the provisions of the bill that aim to shorten this timeline is the implementation of an amendment that allows the mortgage lender to file a complaint and obtain an order to show cause. The homeowner then has only twenty days to respond to the order. If no response is received, the court can enter a judgment on foreclosure. The law also allows third parties, like condo associations and HOAs, to use an expedited process to file their claims.

For homeowners in the state of Florida, the Fair Foreclosure Act gives them less time to consider and pursue their options. In many instances, however, the Jacksonville foreclosure defense lawyers at Owenby Law, P.A. can prevent or delay a foreclosure if we are involved in the case early enough. If you are considering seeking the protection of Chapter 7 or Chapter 13 bankruptcy, our attorneys can expedite the initial filing so that the automatic stay goes into effect as quickly as possible. This can buy you time and even save your home from bank foreclosure.

Speak with a Jacksonville Foreclosure Defense Lawyer Today

The implementation of the Fair Foreclosure Act may have resulted in a more streamlined process for banks and lenders, but it has had a detrimental effect on families who have been struggling to keep their homes. If you have fallen behind on your mortgage payments, and you are in fear of foreclosure, contact the Jacksonville bankruptcy lawyers at Owenby Law, P.A. To schedule your free consultation, contact our office at (904) 770-3141.