"Florida Repossession Laws"
When a debtor in Florida falls behind on their payments, the creditor may choose to repossess the property. In order to do so, they must follow certain repossession laws.
In Florida, a creditor may not enter onto the debtor's property in order to repossess the property. They must also give the debtor notice of their intent to repossess. The notice must be in writing and must be served either by personal delivery or by certified mail.
If the debtor does not make arrangements with the creditor to pay off the debt or redeem the property, then the creditor may sell the property at a public sale. The proceeds from the sale will go towards paying off the debt. If there is still a balance remaining, then the debtor may be held liable for that amount.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh new start FAST!
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