A foreclosure action occurs when a creditor seeks a court order for the sale of property with the proceeds paid towards the debt balance. If the sales proceeds are not enough to satisfy the debt, the creditor may seek a deficiency judgment against the debtor. The goal of foreclosure defense is to allow you to negotiate with a creditor to save the property or to negotiate a settlement or waiver of a deficiency judgment.
If you have been served a foreclosure complaint do not ignore it or put it to the side, be proactive and protect your legal rights. Contact The Washington Law Firm today at 407-982-4130.