Pamela Polani, Attorney at Law - We Can Travel To You, Providing Affordable Legal Services
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FORECLOSURE TIPS

DEFICIENCY JUDGMENTS

Please be aware that traditionally if the bank takes your home in foreclosure by short sale or a Deed In Lieu, and you have NOT had the deficiency amount waived, then the Bank (or company to who they sell that debt) WILL likely pursue that legal action against you. You may not have a home for them to take but they can still continue to litigate against other assets to satisfy the amount owed.

However, now under the recent law passed in Florida, deficiency claims are addressed as follows:  

95.

2014--a year filled with awards, recognition and good works!





























WOMAN OF DISTINCTION AWARD 2014

I am so honored and thank Soroptimist International of Boca/Deerfield Beach for recognizing me as their Woman of Distinction 2014, in the Professional category. The breakfast at Boca West Country Club was amazing and I am truly thrilled to have won this recognition!

Can I afford to pay a foreclosure attorney or even need one?

Can I afford to pay a foreclosure attorney
Do I even need one?
 
This truly depends on your goals and objectives with respect to the property. If you are planning to just walk away from the property, then you may still want to negotiate a deficiency waiver,which an attorney can do on your behalf. If you want to stay in the home as long as possible and, hopefully, modify the loan terms, an attorney can again be very useful. When evaluating this situation, you must primarily decide if you can afford NOT to have a skilled and experienced lawyer defending your foreclosure action.

Recognized by the Florida Association of Women Lawyers

Feeling very honored today to be recognized by the Florida Association of Women Lawyers as an outstanding member for my contributions this year. Thanking all of my colleagues for choosing me for this award!!

10 THINGS YOU SHOULD KNOW ABOUT FORECLOSURE DEFENSE

1.  How long will a foreclosurecase last before the lender takes my property and how much notice will I receive?
 
It can take only 3-4 months for an uncontested foreclosure to be finalized once a borrower is served papers until the court sale. If you choose to not put up any type of defense, it can become very easy for your lender to take your property.  However, in my experience, when the borrower fights back and defends a foreclosure action, the case will almost certainly last beyond a year in court.

HOA'S MAY LOSE RIGHT TO FORECLOSE ON HOMEOWNERS!

Important to Florida Homeowners and Real Estate Attorneys: Seemingly, a brief reading over FLORIDA’S NEW FORECLOSURE BILL HB 87 indicates that condominium or homeowner’s association will not be able to validly assert a cause of action for foreclosure against homeowners!  Line 90 of the bill actually reads as:
 
 702.015 Elements of complaint;
 
2) A complaint that seeks to foreclose a mortgage or other lien on residential real property, including individual units of condominiums and cooperatives…MUST: