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Florida Foreclosure law

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In Florida, judicial foreclosure ranks as the most preferred route by lenders for seeking a legal remedy.

  • The Florida Foreclosure laws allow the borrower a period of 20 days to respond to the complaint filed against him/her in court.
  • Where any process of arbitration or mediation is under process, the courts may stay the foreclosure until a conclusion arrives.
  • The foreclosing party has to publish a notice of sale of the property for a period not less than two weeks before the date of sale.
  • In some instances, where the homeowner is directly served in the lawsuit, the court may show some leniency in arriving at the deficiency amount.

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Few tips that could help you making your foreclosure.

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