I Need Help Now
Special Discounts For
Hurricane Victims!
Nowack & Olson, PLLC
South Florida
Bankruptcy Attorneys
Free Consultation

Does the bank have the right to take my home?

If you are behind on your mortgage payments, it is possible for the bank to foreclose on your home. When you signed your mortgage agreement and promissory note, your house was put up as collateral in the event that you were unable to make your mortgage payments. That means the bank can force the sale of your home in order to collect the money it is owed on the property.

That does not mean, however, that you have no choice but to hand over the keys. There are specific steps involved in the foreclosure process, and actions you can take to protect your own interests. Now may be the right time to contact an attorney to discuss your situation and see what options are available to save your home.

The Bank Might Have The Right To Foreclose. But, You Also Have The Right To Defend Yourself.

Depending on your unique circumstances, there can be a number of different ways that you can prevent a foreclosure, including loan modification and filing for bankruptcy, among others. In some situations, a debt consolidation loan might be able to provide the relief you need.

An experienced attorney can review your circumstances and help you understand the available options as well as the benefits and potential pitfalls associated with each one. Do not assume that the lender has already won and that your house is as good as gone. You have options. You have options. Don't be afraid to contact an attorney for help.

Keep an eye out for the next post in our series when we will provide more detail about how you can stop the bank from taking your home.

No Comments

Leave a comment
Comment Information
Email Us For a Response

Let Us Help You

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Sunrise Office
8551 West Sunrise Blvd., Suite 208
Plantation, FL 33322

Toll Free: 888-813-4737
Phone: 954-349-2265
Plantation Law Office Map

Doral Office
8180 NW 36th St., Suite 102
Miami, FL 33166

Toll Free: 888-813-4737
Phone: 305-698-2265
Miami Law Office Map

Boca Raton & Delray Beach Office
6501 Congress Ave., Suite 100
Boca Raton, FL 33487

Toll Free: 888-813-4737
Phone: 561-463-2265
Boca Raton Law Office Map

Jupiter & Palm Beach Gardens Office
601 Heritage Dr., Suite 137A
Jupiter, FL 33458

Toll Free: 888-813-4737
Phone: 561-463-2265
Jupiter Law Office Map