An alarming number of South Florida homeowners still face foreclosure. What can you do to make sure you are not one of them?

Recent information indicates that, through October of 2016, approximately 1 in every 830 homeowners in Miami-Dade County was facing foreclosure. In Broward County, it’s about 1 in every 620. If you are struggling to keep up with your mortgage payments, you don’t have to become one of these statistics.

There are a number of effective strategies that can be employed that will stop the foreclosure process and help you save your home. Many of these options are protected under state and federal law, and there is nothing your lender can do to stop you from exercising them.

Filing For Bankruptcy

Many homeowners have found the relief they need through filing for bankruptcy. People wrongly assume that filing for bankruptcy means losing everything they own. In fact, bankruptcy helps you eliminate the debts that are keeping you from repaying your debts.

Loan Modification

Florida law requires lenders to work with you to modify your loan in an attempt to reach terms that allow you to keep your home. Loan modification can be quite complex, and having an experienced lawyer representing you can help to ensure a favorable outcome.

Take Action To Save Your Home

It is important that you understand your rights and legal options from the outset. Talking to an experienced lawyer will help to ensure that you have all the answers you need to make a sound decision about which strategy is best for your situation. Most firms offer a free initial consultation, so it won’t cost you anything to learn more.