There are good Tampa Florida foreclosure defense firms that can help you fight against your foreclosure in any Florida County and give you the time you need to get a loan modification, short sale, or deed in lieu of foreclosure. However, filing for bankruptcy in Florida should always be a viable option during your foreclosure defense whether your ultimate goal is to keep or to surrender your home. A Florida Bankruptcy Attorney explains:
A Chapter 13 Bankruptcy can help get rid of (or strip off) your Second or Third Mortgages or home equity lines of credit (HELOC)
If your goal is to remain in the home, a Chapter 13 bankruptcy might be your best option. Your attorney can discuss with you how you can repay everything you own on the home over a long period of time.
If your goal is to surrender your home, debtors are well advised to consider filing for Chapter 7 to avoid a deficiency judgment.
