Experiencing severe financial challenges can be one of the most stressful times in your family’s life. Not only is your security and peace of mind at stake, but you may also face the very real risk of losing your most significant investment: your home. Even though the situation can seem quite bleak when you are in the middle of it, there are actually a range of legal solutions that can help to stop foreclosure and get you back on solid financial footing.
At Macco & Stern LLP, we understand that there are many different reasons why you may be facing foreclosure. We have worked with many diverse clients and listened carefully to their specific stories, so we know that every situation is unique. It is not uncommon for us to see instances of predatory lending or other improper or illegal actions by mortgage companies, lenders and banks. In other cases, the crisis may have been precipitated by an unexpected significant decline in family income or an unforeseen emergency. Regardless of why and how you came to be in this situation, however, you should understand that you have options.
Filing for bankruptcy is one option that many clients have found to be valuable in their effort to save their home. At Macco & Stern LLP, we listen to your concerns and needs and can advise you on the benefits and consequences of filing for bankruptcy so that you have a complete picture and fully understand the process before undertaking such a step.
We are also experienced with how New York courts handle foreclosure actions, so we are able to advise our clients and help them successfully navigate the process at every step. One of the most important things a homeowner can do in an effort to defend his or her home is to answer the foreclosure complaint. We can help you answer the complaint, thereby forcing the bank or lender to prove every aspect of the foreclosure case instead of winning by default. Then, we go the extra mile to analyze your mortgage loan and the corresponding bank actions to determine what facts exist to support your defense. We work hard for our clients because we understand how significant of a long-term investment purchasing a home is. If you are interested in how we may be able to help you, please visit our website on foreclosure defense.