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Debt Recovery: Florida Foreclosure and Asset Protection

Back To Foreclosure Defense Video Help Page

Back To Foreclosure Defense Video Help Page

As a bankruptcy lawyer in Florida, I know that you’re probably not thinking a lot about debt recovery if the bank is trying to foreclose on your house. The only thing on your mind is saving your home or getting out with as little damage as possible.

But that last part is exactly why you should be thinking about how the bank is going to get their money. You see, the way foreclosure works, and in a different way how short sales and strategic defaults work, is that the bank only gets some of the money back that they leant you for the property. Usually this is a fairly high percentage of the loan, but often it can be tens of thousands less than they are owed. And if you still owe the bank money after they foreclose on your house, it’s quite possible that the bank will persist in their debt recovery efforts, meaning they will come after you for the rest of it.

Speak with an experienced Florida attorney at our firm today.
Call 855-Kramer-Now (855-572-6376)
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Protect Your Assets from Debt Recovery

In general, this is not a practice the lenders observe very often. After all, what is the point of going after people who can’t even pay their mortgage? Chances are, most of them simply do not have the money to pay.

But if you do have the money and you’re just trying to unload the property because it has lost so much value, be very careful. When banks know they can get back what they’re owed, very few will pass up the chance.

That is why it’s so important to know which kinds of assets are protected under Florida law and what you need to do to hang on to your money and the things that you own. By learning these laws and understanding them, you can make sure that your assets are as protected as they possibly can be.

An experienced bankruptcy lawyer can break down the various Florida statutes and protections for you and advise you where to put your money and how to keep it safe. That way, when the banks try to come after you for debt recovery, you can rest easy.

Get Help with Legal Issues Now! – Call 855-Kramer-Now (855-572-6376)
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The Orlando divorce lawyers at TK Law are deeply committed to the individuals and families they serve. We are here to help you resolve each legal concern so you can regain control and move forward with your life. You will also have a steadfast, accomplished advocate in your corner to fight for what matters most if a dispute goes to trial.

We know how overwhelming conflict can be and how painful it is to see a marriage end. We will guide you through this difficult process before, during and after your divorce.

Contact our offices today to schedule a confidential consultation with one or our family law attorneys, or call us at 855-572-6376.

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#1 RATED DIVORCE LAW FIRM IN SEMINOLE COUNTY*​

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client victories

Chris O.
Dec. 2023
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This was first experience hiring a law firm and I am very happy that I hired TK Law. My attorney Janelise and Paralegal Kayla were kind, knowledgeable and made the process easy. They were quick to respond when I needed revisions to my document and the final outcome was perfect. If I ever need legal help in the future, I will not hesitate to contact TK Law again.
Carmen D.
Mar. 2024
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I give this law firm a 5 star. Ray and Janelise helped us with our probate issue and made the process a lot easier for us to finalized all of it. We're very thankful to this law office and recommend them for any legal issues.Thank you Janelisse and Ray and the entire office .
Roy P.
Mar. 2024
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Gastell and Kayla were awesome! They helped me make it through a very challenging time in my life with kindness and compassion. They were always available to answer my questions and kept me up to date. Their counsel was extremely helpful in aiding a resolution that I am very satisfied with.
Alysia T.
Jan. 2024
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I am thankful to Janelise and Kayla at TK Law for a fantastic job. Kayla guided me through every step of my divorce process. She is patient, professional, and honest. I highly recommend them!

*Top-rating from clients and award publications such as Orlando Weekly, US News & more.​

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We offer payment plans, accept credit cards, are available for evening appointments and our main office is conveniently located right off of I-4, between 436 and 434. For immediate help call: 407-834-4847.

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The information found here is for general information purposes only. Nothing on this site should be taken as legal advice for any situation or individual case. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

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Phone: 407-834-4847
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Orange & Seminole County, Florida.

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