Which process? I hope you are selling rather than going through foreclosure. The consequences of a foreclosure are a little more severe than that, unless of course you will not need to get credit in the US for the next seven years or so.

Besides which, if you have owned property in Florida for several years, you should have a tidy profit, as property values have boomed. So, if you initiated a process that means the bank is taking the property back, tell them you are going to try to sell first. They would prefer that, as they will make more money out of the deal.