Real Estate Law
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IF you believe that your property is worth less than what you owe, you may eventually have to file bankruptcy to get rid of the deficiency amount. Here's a good link that you can read about this: http://www.nolo.com/legal-encyclopedia/deficiency-judgments-after-foreclosure-florida.html
But, you could wait until after the foreclosure is completed and see where things stand and then file bankruptcy.....depending on what the deficiency is.
It is obviously up to you to determine whether or not to appear at the hearing or whether to hire a lawyer. But, if you don't want to contest things....and if you have no defense to these matters, it may not make much sense to hire a lawyer and spend the money on this.