Why Choose David P. Ginzberg, Attorney at Law, P.A. as your Florida Bankruptcy or Foreclosure Defense Lawyer?
David P. Ginzberg Attorney at Law, P.A., is a small law firm that provides quality and personal service and experienced legal advice for Chapter 7 and 13 Bankruptcies and Foreclosure Defense.
If you need a Lantana bankruptcy attorney, at David P. Ginzberg Attorney at Law, P.A.,we take our time to explain your legal rights and/or options so that you can understand… When you are aware of the risks and the potential outcomes, you then can make the correct decision that is right for you. Once you have all of the facts and know how to proceed, we will standby you and help you with every step of the way.
We pay attention to your needs, we want you to reach your goals. We also want to make the process as easy and smooth as possible. As a client of David P. Ginzberg Attorney at Law, P.A. you will see that we are law firm that takes pride in providing great personal service, we are a small firm with limited clientele, which means we can dedicate the attention you deserve, we believe in good customer service, which means returned phone calls and answered e-mails, we are dedicated to being as aggressive as you need and as caring as you want and we do explain all legal options that you have. Whether you need help with a Chapter 7 or Chapter 13 consumer bankruptcy, or Foreclosure defense, let David P. Ginzberg Attorney at Law, P.A.
Contact David P. Ginzberg Attorney at Law, P.A.for a free consultation at 24/7 at 1-800-611-0142 or 561-586-5834, or contact us through our web-site at www.ginzberglawfirm.com
Serving Palm Beach, Martin and Broward Counties
Cities include, but not limited to throughout South Florida are:
Fort Lauderdale, Pompano, Boca Raton, Boynton Beach, Hypoluxo, Lantana, Lake Worth, Greenacres, Wellington, Royal Palm Beach, West Palm Beach, Palm Beach, North Palm Beach, Palm Beach Gardens, Jupiter, Tequesta, Hobe Sound, Port Saint Lucie and Stuart.
If you have a pressing legal matter and are in need of a Florida Bankruptcy or Foreclosure Defense attorney immediately. Please call us 24/7 at 1-800-611-0142 or 561-586-5834, or contact us through our web-site at www.ginzberglawfirm.com, so that we can have the opportunity to relieve your stress by resolve your legal issue.
What is a Foreclosure?
The forced sale of property by a financial institution is called a foreclosure. Foreclosures usually occur when a property owner agrees to pay back their home loan (mortgage) made by a lending institution (usually a bank), using the home as collateral for repayment of the loan. If the property owner does not pay back the home loan, the lending institution has the right to foreclose on the property, taking it away from the property owner, and using it to pay for the unpaid loan.
What is a Mortgage?
A mortgage is a lien on property, by a bank or financial institution, for money that a property owner borrowed from the institution in order to pay for that piece of property. When a mortgage has been signed and approved, the property owner will have the obligation to pay back the loan for the property, plus interest, and the financial institution will have the right to force the sale of the property (foreclosure) if the property owner defaults. Learn more about mortgages.
Acceleration Clause in the Mortgage’s Promissory Note
An acceleration clause is an important feature in a mortgage, and can often cause a premature foreclosure action. The acceleration clause allows the bank to declare the entire loan due if the property owner misses a certain amount of mortgage payments. Notice that if a mortgage has an acceleration clause, the bank has the right to sue not only for the missed payment but also for the entire sum of the loan. Generally, the property owner must be provided with adequate notice before the lending institution can utilize the acceleration clause.
The Foreclosure Process
A foreclosure is technically the lawsuit brought by the financial institution to force the sale of property to satisfy an outstanding debt. Typically, a court will fix the balance due on the mortgage (including interest accrued) and orders a sale of the property. The court will then apply the proceeds of the sale to the outstanding debt. The owner, however, has a right to pay the financial institution off before the foreclosure sale in order to keep the property.
Should I Consult a Lawyer if my Property is being Foreclosed on?
If you feel you may default on your mortgage and lose your property via foreclosure, an experienced attorney can help you determine if there are other options available to you, including filing for bankruptcy. Contact David P. Ginzberg Attorney at Law, P.A. we can can represent you in a foreclosure proceeding to make certain your rights and interests are protected.
David P. Ginzberg, Attorney at Law, P.A.
1375 Gateway Blvd, Boynton Beach, FL 33426
(561)-586-5834 (800) 611-0142
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