IF YOU ARE LOSING YOUR HOME OR HAVE ALREADY LOST YOUR HOME TO FORECLOSURE YOU MAY BE ENTITLED TO COMPENSATION OR RELIEF FROM A DEFICIENCY JUDGMENTHomeowners who are losing their property or who have already lost their home to a bank foreclosure may be able to receive compensation, or negotiate a deficiency judgment waiver, as a result of mortgage lenders faulty Court documents. The freezing of foreclosures by Bank of America, JP Morgan Chase, Wells Fargo and GMAC has shed light on the banks' practice of filing faulty Affidavits, leading to a new foreclosure crisis which may affect the banking sector and our economy for years to come. Based on Affidavits filed by the banks and other defects, foreclosure defense attorneys are asking the Courts to set aside wrongful foreclosure judgments (and in some circumstances, the bank’s ownership), regardless of the amount of time that has elapsed since the bank took ownership of the property. We handle wrongful and fraudulent foreclosure cases brought by Bank of America, Wells Fargo, J.P. Morgan Chase, Citigroup (CitiMortgage or CitiFinancial), U.S. Bank National Association, Deutsche Bank, One West Bank (Indymac Bank), Ocwen, PHH Mortgage, LaSalle Bank, BankUnited, SunTrust Bank, HSBC Finance, First Franklin, Option One, Fremont Investment & Loan as well as other mortgage lenders. To understand why this is happening is to know that an essential element of a foreclosure case is the filing of an affidavit, among other documents, by the bank in which an individual swears that they have personal knowledge of a file, including how much the homeowner owes the bank. What has happened to cause the banks to freeze their foreclosures, is that the affidavits they have filed contained information that was not truly verified by the individual swearing that the information was true and accurate. The banks have admitted to filing affidavits signed by people who really knew very little about the information in the affidavit. Because the Courts relied on this information to grant ownership to the banks, homeowners may be able to make a legal claim that the banks have unlawfully taken their property, entitling the homeowner to receive compensation for their homes being taken away under false assertions (fraud). Most importantly, homeowners who have previously lost their home to foreclosure may be entitled to have a deficiency judgment waived or, in some circumstances, compensation from the bank no matter how much time has elapsed since they lost their home. If you are in foreclosure, or know anyone who has lost their home to foreclosure, I urge you to contact Larry Tolchinsky, a Florida foreclosure attorney, by email, or call him at (954) 458-8655 and he will be happy to answer your questions. He offers a free initial consultation and he promises an attorney from his office will return your call promptly Our firm offers wrongful and fraudulent foreclosure counseling for clients who own real estate in Hallandale, Hollywood, Aventura, Fort Lauderdale, Miramar, Pembroke Pines, Weston, Davie, North Miami Beach, Dania Beach and all other cities in Miami-Dade and Broward County and throughout Florida.
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Also See: The Six Stages of Foreclosure Read our Latest News Wire: Florida Foreclosure News Read our Latest Blog: Foreclosure Defense Blog Press Release: Bank of America and Wrongful Foreclosures In The Press:Larry Tolchinsky contributed to a recent USAToday article regarding deficiency judgments. Read the article here Larry Tolchinsky contributed to a recent Bloomberg.com article regarding deficiency judgments. Read the article here Larry Tolchinsky contributed to a recent CNNMoney.com article regarding deficiency judgments. Read the article here
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Broward County Lawyers - Since 1982
(954) 458-8655
