Are you behind on your mortgage payments? Have you received the dreaded late payment notices from your lender? Are you confused on how to proceed or where to turn? You may have options you have not considered. Contact Vaughn Law to help you through this difficult time.

Vaughn Law can assist you with:

  • Foreclosure Defense
  • Loan Modification
  • Deed in Lieu of Foreclosure
  • Short Sale Consulting
  • Sale of home prior to foreclosure

What is Foreclosure?

Foreclosure is the process in which the lender files an action with the court to force the sale of a piece of property, which is the security of a mortgage held by the lender, in order to pay the debt owed to the lender.

In Florida, once the lender obtains a foreclosure judgment, the property is sold at an auction. Typically, the auction is held online. The proceeds from the sale are used to pay the lender and satisfy the debt owed.


Can I stop a foreclosure?
Yes, by paying off the entire balance of the mortgage, including interest, late fees, attorney’s fees and court costs. Payment must be made in full. You must confirm the payoff balance before remitting payment to the lender or their attorney.
How long does a foreclosure take in Florida?
Depends. It may be as quick as a few months and it may continue for a year or even longer.
Can I reduce my loan payment?
Sometimes. The lender may offer a loan modification or a temporary payment reduction. It is a good idea to investigate these options, but many are temporary fixes that may have a huge long-term impact. Make sure you know what you have agreed to before signing any documents!
What if there are additional funds left over after the lender is paid in full?
The borrower may be entitled to the surplus funds after the foreclosure sale; however, the borrower must file a claim against the surplus funds within a specified time frame.
What if the sale of the property was not enough to satisfy the debt?
You may be responsible for the remaining balance of the mortgage.
Who pays for the Foreclosure?
The borrower is responsible for the fees associated with the foreclosure. The fees are added to the loan amount, interest, and any late fees, this is the amount owed to the lender once the property is sold at the auction.
What if the property is not worth the amount owed to the lender?
The lender may obtain title to the property at the foreclosure sale, if no one else bids on it.

If you are in foreclosure or your future seems uncertain contact Vaughn Law at 727-223-6080 to schedule a consultation.

Private Lender Foreclosure

Is your borrower behind on their mortgage payments? Vaughn Law has experience working with private lenders to resolve or foreclose on borrowers who are unable to make mortgage payments. We will review the details of your situation and consider all options to resolve the borrower’s non-payment.

We offer straightforward and honest options on how to proceed under the circumstances. Contact Vaughn Law today at 727-223-6080 to discuss your options.

Get in touch with us




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Vaughn Law offers its clients a different, more personalized and service orientated approach, by tailoring its representation to its client’s needs. At Vaughn Law, we understand that this may be an overwhelming, unfamiliar and stressful time for our clients, therefore we strive to help our clients understand the intricacies of the legal system and to keep them informed throughout the process.



350 Corey Avenue, St.
Pete Beach, FL 33706