Commercial-Foreclosure-Litigation in FL
Retain a Dedicated Miami Commercial Litigation Attorney
Contrary to popular belief, homeowners aren’t the only ones susceptible to foreclosure. As the economic climate grows colder, many business owners find themselves struggling to keep up with day-to-day expenses. Mortgage payments can quickly pile up, causing lenders to become more hesitant to hand out money to borrowers in need. You could turn this situation around with help from a qualified attorney.
Is your business on the brink of foreclosure? You cannot afford to sit back and let nature run its course. Lenders move quickly and the foreclosure process may feel like it is over before it even began. As Miami commercial litigation attorneys, we can review your case and prepare a defense that makes a difference. Call us today at 305.967.7550 to discuss your legal options.
How can I keep my business from being foreclosed?
In Florida, foreclosures are judicial, which means that your lender has to file a lawsuit against you before foreclosing your business. This usually occurs after you’ve missed several payments and are past the 30-day period—during which you can attempt to bring your mortgage up to speed. The moment you suspect an impending foreclosure, you should quickly consult with a legal advocate.
Your attorney might suggest the following alternatives to foreclosure:
- Forbearance
- Loan modification
- Short sale
- Deed in lieu of foreclosure
While the best solution depends on your unique circumstances, there is hope for keeping your business afloat. There are also numerous defenses to commercial foreclosure, including failure to abide by Florida’s regulations, lender mistakes, and even an inability to prove who owns the mortgage.
Trust our firm to protect your business & your rights!
When your livelihood is on the line, you can’t afford to take chances. We want to give you the best possible opportunity for success by engaging our full range of talents and outside resources. At Cohen Law, our clients always come first.
We are backed by over a decade of combined experience and undeniable case results. Let’s work together to get your business back where it needs to be. Call our firm right away to schedule your free consultation!
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