ATTORNEYS & DEBT COUNSELORS
The Law Office of Peter D. Carratt (813) 876-3328
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Attorneys and Debt Counselors
3019 West Azeele St. Tampa, FL 33609
Tel. (813) 876-3328
Fax (813) 876-3306
BANKRUPTCY ATTORNEYS SERVING:
TAMPA
CLEARWATER
NEW PORT RICHEY
BRANDON
ST. PETERSBURG
TARPON SPRINGS
RIVERVIEW
LAKELAND
Foreclosure Lawyers, Attorneys and Debt Counselors of Tampa
Florida is a lien theory state which means that your property acts as security for the underlying loan. The document
that places the lien on the property is known as your mortgage. A mortgage is filed as evidence of the debt and terms
of repayment, which is set forth in the note.
If you stop making payments on your mortgage and fall seriously behind you could face the risk of foreclosure.
Depending on the court schedule, it usually takes approximately 180-200 days to effectuate an uncontested
foreclosure. However, this process may be delayed if the borrower contests the action, seeks delays and
adjournments of hearings, or files for bankruptcy.
Experienced and Affordable, Personal Service.
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TOPICS IN THIS SECTION
In Florida, the lenders go to court in what is known as a judicial foreclosure proceeding where the court must issue a
final judgment of foreclosure. The property is then sold as part of a publicly noticed sale or auction.
If you are behind on your mortgage payments and at risk for foreclosure, seek help now. Do not wait. It is best to
contact an attorney who can examine your finances, look at your individual situation, and assess your needs to help
you determine a plan that is best for you and your family.
Facing foreclosure is one of the toughest times in a person’s life as you could be left without a house to live in. If you
are already facing foreclosure threat, or if you have already received a foreclosure notice, your situation is dire, but not
hopeless. If you are behind on your mortgage payments and at risk for foreclosure, seek help now. Do not wait. It is
best to contact an attorney who can examine your finances, look at your individual situation, and assess your needs
to help you determine a plan that is best for you and your family.
There are methods and strategies to help you and you can avoid foreclosure. For a free consultation, call the
Attorneys and Debt Counselors today.

Foreclosure Facts you should know…
One in every 200 homes will be foreclosed upon. Every 3 months 250,000 families enter into foreclosure.
California, Florida, Arizona, Nevada and Illinois accounted for nearly 60 percent of the nation’s foreclosure activity in the first quarter of
2009, with 479,516 properties receiving foreclosure filings in the five states combined. Despite a 12 percent decrease from the
previous quarter, Florida’s first quarter total was still second highest in the nation. Foreclosure filings were reported on 119,220
Florida properties, a 36 percent increase from the first quarter of 2008. The state posted the nation’s fourth highest state foreclosure
rate during the quarter, with one in every 73 housing units receiving a foreclosure filing. Contrary to what you might think, lenders or
investors do not make money on foreclosures. In fact, losses can range from 20-60 cents on the dollar.
Bankruptcy Attorney Tampa, St. Pete, Clearwater
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