Foreclosure Questions? We have the Answer!

Let Our Daytona Beach Foreclosure Defense Attorney help

When you fall behind in your mortgage payments, a foreclosure can lose you your house in a matter of months. At The Law Office of Jeffrey A. Klein, we provide experienced advice and defense for those in danger of losing their homes, which can include solutions such as filing for bankruptcy. As highly-qualified Daytona Beach foreclosure defense attorneys, we understand how confusing and frustrating the thought of foreclosure can be. Below is a list of some common question clients have regarding foreclosure.

For other answers to your questions, please do not hesitate to call our office right away.

Can I walk away from my mortgage?
It may seem reasonable to obtain a “Strategic Default” when you owe more on your mortgage than your house is worth. Such a default must be done properly, otherwise you can lose your property and be liable for considerable fines to the lender. Consult with a Daytona Beach foreclosure lawyer if you are considering a strategic default.

What is a deed in lieu of foreclosure?
This is an agreement between a borrower and lender letting the borrower turn over the title of the property to the lender. This way, the lender essentially owns the property and the borrower can avoid a foreclosure proceeding.

What is a deficiency judgment?
Lenders can pursue a deficiency judgment against a borrower when the proceeds of a foreclosure sale are insufficient to pay the amount left over on the mortgage. Lenders typically have up to five years after foreclosure to seek a deficiency judgment.

What is a demand or acceleration letter?
This is a letter from a lender to a homeowner when the homeowner goes into default on their mortgage. Lenders need to send the letter prior to proceeding with a foreclosure suit for the whole of the loan.

How long do I have to answer a foreclosure lawsuit?
In Florida, you have only 20 days to file a response to a lawsuit. Afterwards, you will have fewer options. Your first move should be to call an attorney if you have been served with a lawsuit.

What are the alternatives to foreclosure?
Several alternatives are available such as short sales, deed in lieu of foreclosure, and mortgage or loan modifications. Your best bet is to speak with an experienced Daytona Beach foreclosure attorney when you are in danger of foreclosure to have your highest chances of a successful outcome.


Former clients share their experience
  • “Mr. Klein and staff were so friendly and helpful, I would recommend them to anyone in need of compassionate legal representation.”

    - Elijah D.
  • “The Law Office of Jeffery A. Klein. To say we are grateful is an understatement, to say that we now breathe easier, says it's all thanks to Mr. Klein and staff.”

    - Elaine C.
  • “Everyone treated us like they had known us for years. Anytime we called the staff was always on top of our case.”

    - Janelle C.
  • “My ex-wife was coming with all the wrong Energy about the whole process. Jeff shut it down in mediation! YOU'RE IN GOOD HANDS.”

    - Semper G.
  • “Took time out of his day to help us and give us guidance to our next steps with our child.”

    - Kristen M.

What Sets Us Apart?

  • Accessible

    We are always readily available to answer your questions.

  • Communication

    We communicate directly with our clients, always promptly returning calls.

  • Personalized Service

    We are a husband and wife team that genuinely cares about our clients.