You work hard for your family. You try to do everything right to provide a comfortable home and lifestyle. But all it takes is one major unexpected expense or financial misstep, and you face a mounting pile of debt and the possibility of foreclosure. It is every homeowner’s worst nightmare: the summons and complaint sent certified mail, taped to your door or personally delivered to you by a process server. Although receiving a summons and complaint in a foreclosure case can be a stressful experience, in the state of New York you still have many options open to you.
If you have experienced a change in circumstances, such as a decrease of income, an increase of expenses, loss of a borrower, illness of a dependent family member, or expansion of your household size, and find you are unable to pay their monthly primary mortgage obligation, contact an experienced attorney. At this point, you will have the most options available, and the least difficulty finding a reasonable option with the mortgaging bank.
Since the financial crisis of 2007 began, the Ugell Law Firm, P.C., in New City has been helping homeowners throughout the Lower Hudson Valley and Metropolitan New York areas avoid losing their homes and property to foreclosure. If you are facing a debt problem that is putting your home in jeopardy, it is time we sit down together to discuss your options to stop foreclosure. Often, just knowing how the process works can put your mind at ease. We can show you the various options you have to protect your rights as a debtor, such as:
- Personal bankruptcy
- Short sale
- Deed in lieu of foreclosure
- Mortgage loan modification
Your Rights Are Protected Under New York Foreclosure Protection Laws
Our firm will help you feel more confident about keeping your family in your home when we explain how lawmakers have put power and rights in your hands. Here are some important things to know:
- If you are facing foreclosure, New York is one of the best states to fight it in.
- Your mortgage bank must put you on notice of default, in writing, if you default on one or more of your monthly mortgage payments.
- The bank also must send you written notice that you are in danger of losing your home, and provide you with information on homeowners’ assistance prior to bringing any action through a state Supreme Court.
Foreclosure Defense Is Complicated. We Have The Experience To Fight Aggressively.
If there is a solution to arrange for you to keep your house, we will search, calculate, and work to find that solution. Our attorneys have the experience to navigate the often-complicated review process, and will fight to ensure that your mortgage is reviewed timely and fairly.
At the same time, if your financial situation is such that you are not a strong candidate for modification, we will bring that to your attention early and discuss long-term financial strategies with you so that you will understand what is happening with your home, and you will have a clear plan for your financial future.
If you are served foreclosure documents, you will have 20-30 days to formally respond do these documents. Sometimes homeowners believe that if they are communicating with the bank and trying to fix their situation, the bank is not moving ever closer to beginning a foreclosure suit. This is not always the case.
Our experienced attorneys will review every letter of every page received from your mortgage company and their attorneys in search of mistakes, miscalculations, imperfections, malice, unfair circumstances, and predatory tactics. We will use every weapon at our disposal to keep you in your home, and fight for your rights as a homeowner. If a bank wants to try to take your home, then they better be prepared to fight for it, because we are ready to fight for you.
Contact Us Today For A Free Initial Consultation To Discuss Your Options
When you have a knowledgeable attorney fighting on your behalf, you will have a significantly higher probability of success. Our firm works to help free you from the overwhelming worry that results when you are facing the loss of your family’s home to bank foreclosure. Call us at 845-639-7011, or email us to arrange a free debt consultation.
Ugell Law Firm, P.C., has helped countless individuals and families with their debt relief and options to avoid foreclosure. We can help you. Se Habla Español.