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Will Florida Become A Non-Judicial Foreclosure State?

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Hello folks and thank you once again for tuning into another episode of the ADR-NOW! Internet Radio Webinar.  I am your host, Anthony Johnson.

In this episode, we will talk about legislation floating around the state capitol in Tallahassee in regards to amending the Florida Statutes with the intent to making Florida a non-judicial foreclosure state.  We don't want that!  Remember, in a non-judicial foreclosure, there is no due process and a court filing does not take place.  The trustee simply will file a Notice of Default with the county recorder's office and in most cases you will not be aware that you are in default or that the clock is ticking for an upcoming eviction.  Once the NOD is filed, you have a certain number of days within which to cure the defect and if you don't, a Notice of Sale (NOS) is filed.  The NOS will have the auction date and that's it!  You're on the street!

We will illuminate the importance of this phenomenon and punctuate some ways that you can protect yourself from this madness.  Be sure to visit www.adr-now.com for more info or give us a call at 888-502-0586.  Also, listen to our archived episodes as a podcast at www.blogtalkradio.com/adrnow at your leisure.

DISCLAIMER: We are not attorneys.  We are not engaged in rendering legal advice.  If legal advice is required, the assistance of a competent, qualilfied legal professional should be obtained.

 

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