Why you should never ignore a foreclosure lawsuit. If a foreclosure action is filed against you, and you just want to let the property go, you still cannot ignore the lawsuit. The reason is, because if you don’t file a proper, legally sufficient response, within 20 days, a judgment can be entered against you, and the house can be sold. But that’s not the end of it.
If the house doesn’t sell at public auction for an amount to cover the full judgment, guess what you’re personally liable under most circumstances, and the bank can come after you. They can execute against your bank account; they can execute against other assets you may have. And in Florida, a judgment against you personally is alive for 20 years, and it can even be renewed for another 20 years. So it’s going to come back to bite you if you just ignore it.
The last thing you want to do is let the bank get a deficiency judgment against you. Even if you don’t care about the property anymore. Even if you just want to let the property go for whatever reason, you still want to make sure that you are not going to be personally liable for the judgment. And lawyers.
We have a lot of experience in helping people not only save their homes but also people eliminate their deficiency liability. Hi, my name is roll in Thing God. We’re here with long lawyers, we’ve been blessed thing God to get them to know them. And me and my wife were very happy with what was going on in a matter of three weeks.
