Predatory Lending & Foreclosure in Florida

Florida Foreclosure Lawyer

By definition, predatory lending may include any unethical or fraudulent practices by a lender in the loan origination process. A lender may attempt to deceive a borrower or may act in a way that is unethical during the loan process, placing a borrower at serious risk of defaulting on his or her loan in the future. The FDIC (Federal Deposit Insurance Corporation) further defines predatory lending as "imposing unfair and abusive loan terms on borrowers". When you consider that a borrower victimized by predatory lending may have an unclear picture of the real terms of his or her mortgage, it is easy to see why some foreclosures may be attributed to predatory lending.

Most borrowers are unaware that they were the victims of abusive lending practices until they are behind on their mortgage payments or are already facing foreclosure. If this describes a situation you are currently experiencing, do not wait to consult with a St. Petersburg foreclosure defense attorney at our law firm. At Leavengood & Nash, we represent homeowners throughout Florida who are facing foreclosure and who have been victimized by predatory lending. We can offer you a free case review to discuss your case and have offices in St. Petersburg, Tampa, Sarasota and Clearwater to better serve you.

Helping Victims of Predatory Lending in Florida

Proving that you were the victim of predatory lending may offer you an opportunity to successfully challenge foreclosure proceedings. However, this process is often complicated and it may be difficult to gather evidence that will prove that you were the victim of these practices. By reviewing your mortgage agreement and all factors involved in your loan and also your foreclosure lawsuit, an attorney at our offices may be able to build a plan that allows you to save your home.

Contact a St. Petersburg predatory lending lawyer at our firm today to learn more about how we can help you.