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Florida Foreclosure law

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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 20 days to respond to the complaint filed against them in court.
  • 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 directly serves in the lawsuit, the court may show some leniency in arriving at the deficiency.

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