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There has been a large uptick in the number of commercial foreclosures that are in default.  Many office buildings, residential buildings, and shopping centers are at risk of being sold at a public foreclosure auction.  Many commercial mortgages are designed to bury the borrower with default interest, costs, special servicing…

We have been inundated with homeowners contacting us regarding their expiring forbearance plan.  Many loan mortgage servicers are requiring homeowners to pay back all of the missed payments during the forbearance period all in one shot or face the consequences, which include foreclosure. Don’t think it cannot happen to you. …

We have had many homeowners in forbearance plans that have contacted our office about what their next steps are.  There is not a one-size-fits-all response to these questions.  First, for those who got their forbearance plans in writing, the document will most likely dictate what steps you need to take…

There are many different scenarios and circumstances that can land an individual in debt. When that individual is no longer able to make the necessary monthly payments, it is critical that he or she reaches out to a law firm that specializes in bankruptcy and debt relief. It is important…

Loan Lawyers, a Fort Lauderdale-based debt defense and bankruptcy law firm, recently launched a new website to help people who need assistance ridding themselves of suffocating debt and moving on to a better, brighter future. The firm’s sole focus is fighting for the rights of individuals negatively impacted by economic…

It can’t be extremely stressful and overwhelming when you are facing a large amount of debt that only seems to increase each month. There are millions of people across America that file for bankruptcy every year and it is absolutely the best way to get back on track for those…

No one wants to hear that a lender is preparing to foreclose on their home. If you are in this position, or you have missed some mortgage payments and believe you will be soon, you know just how scary it is. You may even become angry and frustrated and not…

For many Americans, maintaining a high credit score is almost as important as keeping money in the bank. However, COVID-19 has greatly affected the finances of millions of people in the country and now many are wondering how the pandemic will affect their credit score. There are three main ways…

Just as 2008 was starting to become a distant memory for many and the number of foreclosures around the country and right here in Florida were starting to drop, the coronavirus hit. Predictions were made right from the start about the impact the virus would have on the economy, and…