Once a lawsuit has been filed against a homeowner and they’ve been served with a summons and complaint, what that means is they’re handed the papers by a process server. They then have 20 days from that point to file a response to a complaint of foreclosure. The failure to file that response will result in a default against the homeowner and then the bank’s attorney will then just steamroll right over the homeowner in getting the property back.
Partition Actions in South Florida: What Happens to Home Equity When Unmarried Couples Break Up
South Florida’s housing market has become one of the most expensive in the country, making it increasingly common for unmarried couples to purchase homes together. Sharing the cost of a mortgage can make homeownership more attainable in cities like Miami, Fort...