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Bruce S. Rosenwater & Associates, P.A.
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Though financial hardships are not uncommon, they may be severe enough to call for foreclosure lawyers in West Palm Beach.
Of course, everyone wants to find a way to keep their precious homes, and sometimes, that's an option. However, there are times when the only way to remove oneself from a distressing financial crisis is to sell or file for foreclosure.
A foreclosure and a short sale are entirely different. A foreclosure is a legal process where the creditor decides to take the property away from the owner.
Usually, the home is collateral for the debts that are not paid. Mortgage payments fall behind, and homeowners start receiving threatening, foreclosure letters from a lender.
Alternatively, short sale homes sell with the lender's permission. The proceeds of the short sale go back to the lender, as a way of making up any unpaid debts.
If you're a Florida resident in the process of losing your home, contact Bruce S. Rosenwater & Associates as soon as possible.