What Is a Reinstatement Payment in a Foreclosure Lawsuit?
- jvtaormina
- Apr 29
- 3 min read
If you're facing foreclosure in Florida, understanding your options is critical. One powerful legal tool available to homeowners is the reinstatement payment. But what exactly is a reinstatement payment, and how can it help you stop foreclosure and save your home?
In this article, Attorney Joe Taormina of Taormina Law, P.A., a state-wide Florida law firm dedicated to protecting homeowners, explains what reinstatement means, how it works in foreclosure cases, and how you can use it to defend your property rights.
Understanding Reinstatement in Foreclosure
A reinstatement payment is the amount a homeowner must pay to bring a mortgage loan current after falling behind on payments. When a lender files a foreclosure lawsuit in Florida, the homeowner has the legal right—up to a certain point in the process—to "reinstate" the mortgage by paying all past-due amounts, plus applicable fees and costs.
This payment stops the foreclosure and allows the homeowner to resume making regular mortgage payments going forward.
What Does a Reinstatement Payment Include?
The reinstatement amount typically includes:
Missed mortgage payments (principal and interest)
Late fees
Legal fees and court costs incurred by the lender
Property inspection or maintenance fees, if applicable
Once the full reinstatement payment is made, the mortgage is considered current, and the foreclosure case is usually dismissed or placed on hold.
When Can You Make a Reinstatement Payment?
In Florida, homeowners can generally reinstate their mortgage any time before the final foreclosure judgment is entered. However, lenders may have different policies or timelines, and some loan documents may limit the reinstatement period.
That’s why it's essential to act quickly and consult a foreclosure defense attorney if you’ve been served with a foreclosure lawsuit.
How Reinstatement Differs from Loan Modification or Redemption
It’s important to understand that reinstatement is not the same as:
Loan Modification – where the terms of the loan are permanently changed (e.g., new interest rate, extended loan term).
Redemption – which typically involves paying off the entire loan balance, not just the past-due amounts.
Reinstatement is often the most affordable and immediate option for stopping foreclosure and keeping your home—if you have access to the necessary funds.
Why Work with an Attorney for a Reinstatement?
Although reinstatement may sound straightforward, calculating the exact amount owed and dealing with the lender’s attorneys can be complicated. Mistakes can lead to delays—or even the loss of your home.
Attorney Joe Taormina and the team at Taormina Law, P.A. represent homeowners across all of Florida, helping them:
Request and verify reinstatement quotes
Negotiate fair timelines with the lender
File motions with the court to pause the foreclosure
Protect their rights and explore other legal options
Taormina Law, P.A. – Helping Homeowners Statewide in Florida
Whether you're in Miami, Orlando, Tampa, Jacksonville, or anywhere else in the state, Taormina Law, P.A. is ready to assist. With deep experience in Florida foreclosure defense, Attorney Joe Taormina is passionate about helping clients stay in their homes and fight back against unfair lending practices.
Don’t Wait—Explore Your Reinstatement Options Today
If you're behind on mortgage payments and have been served with a foreclosure lawsuit, time is not on your side. A reinstatement payment may be your best chance to stop the foreclosure and keep your home.
Contact Taormina Law, P.A. today for a free consultation. Let us help you understand your rights and fight for your future.
📞 Call now or visit www.TaorminaLawPA.com to get started.
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