What is the statue of limitations on a foreclosure action in Florida if you have not made a payment in 5 years?

I agree with Attorney Polani - in your case, if the acceleration of the debt occurred with the filing of the first complaint in April 2008, the 5...

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As a 3rd party winning bidder, am I responsible to pay the HOA charges acquired by previous owner as: interest, violations, etc

Section 718.116 provides for a 1 year limitation on past due association dues in a foreclosure or deed in lieu of foreclosure only to the first...

I was just served a summons for foreclosure action and I need to file an answer within 30 days. Do I need a lawyer yet

Every time I go to court on a foreclosure matter, I see borrowers who try to represent themselves and make mistakes and omissions that, if done...

Do banks have to follow the new FL one year limit for deficiency judgments in foreclosure cases prior to the June 2013 law?

As a result of the enactment of the Florida Fair Foreclosure Act, Section 95.11, Florida Statutes has been amended to shorten the statute of...

Do I need to hire an attorney to do an "uncontested" foreclosure to prevent a deficiency judgement on underwater rental.

I agree with Ms. Golant - if you want to avoid a deficiency judgment, you need to contest your foreclosure and potentially sell the property at...

Is my mortgage note validly endorsed?

Attorney Golant is correct - you have described a blank endorsement. Many, if not most promissory notes are transferred by blank endorsement. The...

You should have a Motion to Cancel the Foreclosure Sale filed immediately. It is improper under the terms of the Attorney General Settlement for...

Where do I stand after I bought a lien on a property from the association then a first holder forecloses?

Unfortunately, the first lienholder has priority and can complete its foreclosure and take ownership of the property at the foreclosure sale. The...

Upside Down Rental Property Options

Many property owners such as yourself have disposed of underwater real estate through a short sale. Doing nothing and simply walking away is...

What will be the bank's recourse against the homeowner after foreclosure dismissed?

In Florida, an action to collect on a promissory note and an action to foreclosure a mortgage must be filed within 5 years after the mortgage debt...