Accomplished Attorney Handles Matters Involving Foreclosure Law in Florida
Fort Lauderdale firm helps banks safeguard their property interests
Lenders with large portfolios of titled assets need to ensure that those assets are protected. Mortgage delinquencies, abandoned properties and other instances where loan payments are not being made diminish the value that lenders receive from their investments. Handling foreclosure actions skillfully and efficiently is essential for banks and other financial institutions that seek to avoid unnecessary losses in this area. At Marc Brown, P.A. in Fort Lauderdale, we have years of complex foreclosure experience and a strong grasp on the intricate rules governing commercial foreclosure actions in Florida. Having represented both lenders and borrowers in these matters, our firm delivers comprehensive counsel for the acquisition and resale of real estate collateral as well as the recovery of funds through deficiency judgments.
Experienced lawyer provides comprehensive foreclosure representation for lenders
Our accomplished South Florida real estate firm represents local, regional and national lenders of all sizes in foreclosure matters across Broward, Palm Beach and Miami-Dade counties. We provide exceptional representation and service to:
- Mortgage servicers
- Insurance companies
- Banks, credit unions and other institutional lenders
- Private investors
A meticulous approach to documentation, process and execution defines our foreclosure work, conferring a significant advantage on our clients regardless of how many or how few properties are involved. Our foreclosure law practice encompasses all matters related to securing, recovering and realizing returns on commercial, retail and residential properties, including:
- Residential and commercial foreclosure actions
- Loan modifications and loan workouts
- Eviction matters
- Deficiency judgment actions and ejectment matters
- Tax sale cases
- Receivership litigation
- Title defect resolution, utilizing our affiliated full-service title company
- Bankruptcy matters
- Injunctive relief litigation
- Defense of lender liability, mortgage abuse claims and counterclaims
With extensive experience handling foreclosure matters involving the Truth in Lending Act, Real Estate Settlement Procedures Act, the federal Fair Debt Collection Practices Act and the Florida Consumer Collection Practices Act, and other statutes, we help lenders anticipate and avert potential problems. Moreover, as a small, nimble firm, we are able to provide cost-effective representation tailored to your specific needs.
Experienced negotiator works on favorable loan modifications for lenders
Often, both parties to a loan benefit when they can agree on a modification that staves off foreclosure and establishes payment terms that borrowers can meet. The loan modification process is governed by Florida law, so lenders must be aware of the pertinent statutory provisions. First of all, a financial institution cannot engage in loan modification services without first completing a written agreement with the borrower. The law mandates what language and type size that must be used. Payment for the loan modification services is only allowed if the borrower receives a “material benefit” and cannot be demanded until after process has been completed.
Skillful litigator initiates deficiency judgment actions in Florida
A foreclosure sale might not fully satisfy the money owed to a lender. Should they choose to pursue the difference by obtaining a deficiency judgment, our firm provides critical assistance. We prepare information about the note balance, sale price and market value in support of clients’ motions. You now only have one year after the new homeowner receives title to seek a deficiency judgment under Florida law. If you’re unsure about how to proceed, our firm will explain the process and associated costs so you can make an informed decision about initiating this type of action.
Contact an effective South Florida lawyer for a free consultation regarding foreclosure
Marc Brown, P.A. advocates on behalf of lenders and investors in Florida foreclosures and related matters. For a free consultation regarding your rights, please call 954-703-4199 or contact us online. Our office is in Fort Lauderdale. We meet with clients in West Palm Beach by appointment only.