Don’t lose your home due to financial setbacks!
Seek assistance from a skilled foreclosure lawyer who can halt the foreclosure process promptly. It’s not uncommon to fall behind on mortgage payments due to unforeseen circumstances like medical expenses or reduced work hours.
Temporary financial difficulties should not result in homelessness.
With the support of a knowledgeable attorney skilled in foreclosure defense, you can rest assured that the bank will follow proper procedures. Once we have confirmation that the foreclosure is being handled correctly, we can explore various alternatives to secure a stable financial future for your family.
Get assistance from our team of foreclosure defense attorneys in New York to find a resolution that stops the bank from foreclosing on your home. We will carefully assess your complete financial situation to identify the most suitable legal strategies and options available to you.
Talk with a New York Foreclosure lawyer at Real Counsel today!
The consultation is completly free.
We Can Help You!
Having worked in multiple law firms for several years, our attorneys have witnessed clients becoming frustrated due to either inadequate information or high legal fees. As a result, we established a law firm with a client-centric approach that prioritizes and places the trust of clients above everything else, with a client-centric approach
Explore Your Foreclosure Defense Options
Fortunately, there are many solutions to resolve mortgage debt problems and stop foreclosure in New York. Some of them are:
Wrongful Foreclosure Defense
Foreclosure defense is a legal strategy aimed at protecting homeowners from losing their homes to foreclosure. It involves employing various legal tactics to challenge the foreclosure proceedings and advocate for the homeowner’s rights. Our Foreclosure defense attorneys will thoroughly review the mortgage documents, loan agreements, and foreclosure procedures to identify any potential violations or irregularities. We may challenge the validity of the foreclosure based on issues such as improper notice, predatory lending practices, or documentation discrepancies.
Mortgage Loan Modification
In New York, mortgage modifications offer a potential lifeline for homeowners facing financial challenges. A mortgage modification involves making changes to the terms of your existing loan to make it more affordable and sustainable. This could include adjusting the interest rate, extending the loan term, or reducing the principal balance. The goal is to help homeowners avoid foreclosure and stay in their homes. New York has various programs and options available for mortgage modifications, and it is advisable to consult with a qualified attorney to navigate the process effectively and maximize the chances of success.
Bankruptcy can play a significant role in foreclosure defense by providing New York homeowners with a powerful legal tool to halt foreclosure proceedings and potentially save their homes. When a homeowner files for bankruptcy, an automatic stay goes into effect, which immediately halts all collection activities, including foreclosure. This gives the homeowner a chance to regroup, evaluate their options, and work towards a resolution. In a Chapter 7 bankruptcy, the homeowner may be able to discharge certain debts, freeing up resources to catch up on mortgage payments. In a Chapter 13 bankruptcy, a repayment plan can be structured to include mortgage arrears, allowing the homeowner to make affordable payments and prevent foreclosure. Bankruptcy provides a level of protection and breathing room for homeowners, allowing them to reorganize their finances and potentially negotiate with lenders or explore other foreclosure defense strategies with the guidance of a knowledgeable attorney.
A short sale can be a viable option for homeowners facing the loss of a home as it offers an alternative to foreclosure and potential debt relief. In a short sale, the homeowner sells the property for less than the outstanding mortgage balance with the lender’s approval. The proceeds from the sale are used to partially satisfy the mortgage debt, and the remaining balance may be negotiated or discharged through bankruptcy. By opting for a short sale, homeowners can avoid the lengthy and costly foreclosure process, protect their credit to some extent, and potentially reduce or eliminate any remaining mortgage debt. It allows homeowners to actively participate in resolving their financial situation and moving forward with a fresh start. However, it is essential to consult with a knowledgeable attorney to understand the legal implications, tax considerations, and potential consequences of a short sale within the context of foreclosure proceedings.
Allow us to assist you in preserving ownership of your home. If you require foreclosure defense services to fend off the foreclosure process, our team of skilled attorneys is here to support you. With their wealth of experience, we provide comprehensive legal assistance in mortgage foreclosure defense.