Foreclosure Defense Attorneys in Rockland County, NJ
Purchasing a home is a proud moment for any New Yorker. Unfortunately, when it becomes difficult to make mortgage payments, the homeowner may fear foreclosure and losing the home. If you are falling behind on mortgage payments and want to know what your legal options are, it is important that you consult with an experienced foreclosure defense attorney to try and save the house. The Law Offices of Kevin Conway has the experience and skill necessary to explore all legal options in an effort to avoid foreclosure. If your home is facing foreclosure, contact The Law Offices of Kevin Conway today to discuss your situation and learn how we can help.
Foreclosure Defense in New York
The threat of losing a home because you are unable to pay your mortgage is devastating. At The Law Offices of Kevin Conway, we are committed to exploring all legal options on your behalf to help you keep your home. Some of the ways we can help in this situation include the following:
- Serve an answer on behalf of the homeowner that allows us to provide defenses,
- Asset counterclaims to determine if the lender even owns the mortgage,
- Obtain all corresponding documentation to the mortgage,
- Force the bank to take part in a loan modification program
Can bankruptcy stop a foreclosure?
One of the most popular ways you can put foreclosure proceedings on hold is by filing for bankruptcy. What many people don’t realize is that this even applies to foreclosure proceedings that are supposed to be happening that very day. Once your bankruptcy petition is filed with the court, the automatic stay goes into effect. This requires that all collection and contact efforts against you stop immediately, including a foreclosure. This buys you some time to determine what the next move will be while maintaining your residence.
Loan Modifications in New York
If you are worried that you can’t make your mortgage payments, there are a few things to consider. You may want to arrange a loan modification, which allows you to come to an agreement with the lender that is better suited to your current financial situation. This process is available during the Foreclosure Settlement Conference, which occurs before the bank can proceed to sell the property. The bank will only approve this request if it seems practical given your current ability to pay. Sometimes, you can obtain a loan modification through the Loss Mitigation Program after filing for bankruptcy. The Loss Mitigation Program lets you pursue a loan modification and ultimately forces a determination on whether you are eligible for a government loan modification or if the bank can provide you with a modification.
Contact a Rockland County Foreclosure Defense Attorney
The Law Offices of Kevin Conway is proud to serve clients in New York as they navigate the foreclosure defense process in an effort to save their homes. We understand how defeating it can feel to be in jeopardy of losing your home but we are committed to exploring all possible options on your behalf. If you are interested in learning more about foreclosure defense in New York, contact The Law Offices of Kevin Conway today to discuss your situation.