Foreclosure Defense - Negotiate from Strength
A well-defended foreclosure has many benefits:
- You can continue to live in your home during the fight
- You can continue to collect rent from investment properties
- You may get a meaningful loan modification offer that brings the principal balance on your loan down to the market value of your home
- You may avoid a deficiency judgment on an underwater property
- You could develop facts that will force the bank to settle on better terms
Bruce Jacobs and Associates doesn't ask for loan modifications through the loss mitigation nightmare that frustrates thousands of homeowners. This is often a futile effort with the Bank's lost paperwork and false promises. Instead, the firm launches a comprehensive counter-attack to expose weaknesses in the Lender's ability to foreclose.
In Florida, the real danger in foreclosure is not just losing your home, but getting hit with a judgment on the way out. Lenders may obtain a "deficiency judgment" for the balance of what you owe after selling your house at the foreclosure sale. Fortunately, Florida law allows Bruce Jacobs and Associates to demand documents and ask the Lender tough questions before they can sell your home.
For many, fighting back is the best hope to save a property from foreclosure. Problematic foreclosures have the best chance of a meaningful loan modification with a principal balance reduction. For others hoping to get out from under an underwater property, fighting back is the best protection against being forced to pay the unpaid principal balance even after a shortsale or walking away.
Before opening the firm, Bruce Jacobs spent years representing banks in foreclosure actions in Miami and throughout Florida. Our law office proudly uses that knowledge and experience to empower homeowners and real estate investors. We constantly train on innovative legal strategies to provide insight and information for the client to make the best strategic decisions to deal with distressed properties. Only an attorney can go to court and fight to stop a foreclosure. When confronted with a legal dispute, Negotiate From Strength. Let Bruce Jacobs & Associates help you achieve that position.
Miami Foreclosure Lawyer Blog - Fighting Back
- Former DocX President to Serve At Least 3 Years Prison She was once president of a successful mortgage document processing firm, called DocX LLC. But for at least the next three years, she'll be known by her prison inmate number. Our Miami foreclosure ....
- Congress to President: Give Homeowners $50B in Principal Reductions Nineteen Democratic Congressmen are urging the president and their fellow representatives to propose a measure in 2013 that would provide $50 billion worth of principal reductions to struggling ....
- Foreclosure Fraud in Florida Prompts AG Consumer Investigation The Florida Attorney General's Office has opened an active public consumer-related investigation on Lender Processing Services, a foreclosure firm that owned DocX, whose founder was just convicted of ....
- Ohio Case Should Prompt Floridians Facing Foreclosure to Explore Legal Options The Ohio Supreme Court made an important ruling late last month with regard to which entities have the right to pursue a foreclosure in that state. Our Miami foreclosure lawyers understand that ....
- Shady Bank Investigations Mar Miami Foreclosure Review Process Would you rely on an accused thief to investigate their own crime? What about a person who had reportedly committed fraud or perjury? Would you allow any of these individuals to determine the amount ....
- Miami Foreclosure Defense Attorney Bruce Jacobs - Mortgage Wars - Wednesday 5 p.m. 880 AM Don't miss the debut of Miami Foreclosure Defense Attorney Bruce Jacobs on "Mortgage Wars," the most informative hour about foreclosure on radio. Mortgage Wars airs Wednesday Oct. 3 from 5 p.m. to 6 ....
