Category Archives: Foreclosure
Facing foreclosure? Don’t panic, but act fast.
If you are at risk of losing your home in foreclosure, you are likely overwhelmed with feelings of fear, frustration and anxiety. In these situations, it is easy to react in one of two ways: panicking or denial. In either case, these reactions can only make matters worse because they can lead to some… Read More »
Foreclosure can happen to anyone, even millionaires
Foreclosure is not about failure. Losing a home is not limited to the rich or the poor. From the world-renowned actor to the “man on the street,” anyone can experience severe financial problems caused by irresponsibility or circumstances beyond their control. Chad Johnson, once known as NFL star Chad Ochocinco, may have lived a… Read More »
The statewide economic impact of home foreclosures
While foreclosure of your home brings uncertainty, options exist as you face a lengthy and stressful process.Florida is one of a handful of states that requires foreclosures to take place before a judge in a courtroom. Defendants can raise legal defenses to the action without the cost of filing a lawsuit. Referred to as… Read More »
Foreclosure numbers better, but still fairly high
It’s tempting to think that the foreclosure crisis has passed. It’s been long enough, for example, that a recent Oscar-winning film, “The Big Short,” has been made about the housing bubble’s burst in 2008, leading to millions of foreclosures and causing a major hit to the economy. While that movie depicts historical events, the… Read More »
Foreclosure’s ripple effects can last for years
It goes without saying that foreclosure is generally something that should be avoided if at all possible. Whatever your reasons for getting to the point where you could lose your home — excessive credit card debt, the fallout from a divorce, or the loss of a job — in many cases, finding a way… Read More »