25 Dec Stop Foreclosure
Facing Foreclosure? Our New York Attorneys Help Homeowners Stop Foreclosures
At Poltielov & Habib, LLP, our New York stop foreclosure attorneys are experienced, tireless, and skilled advocates for justice. There are few things more stressful than facing the risk of losing your home. We help people explore every available option to protect their rights. If you have any questions about stopping foreclosures, we are here as a legal resource. To schedule a free, fully private consultation with an experienced New York foreclosure defense lawyer, please do not hesitate to contact our Queens law office today.
A Proactive Approach is Key to Stopping Foreclosure in New York
How do you stop foreclosure in New York? The answer depends on many different case-specific factors. That being said, a proactive approach is vital in a foreclosure defense case. As soon as you start falling behind on your mortgage, it is imperative that you take action to protect your financial interests, your legal rights, and your home.
Stop Foreclosure: Frequently Asked Questions (FAQs)
Can a Lender Foreclose on My Home After One Missed Payment?
No. Not in New York. As explained by the New York City Bar Association, state law requires lenders to send a 90-day pre-foreclosure notice prior to initiating the foreclosure process. In most cases, foreclosure does not commence until at least four payments are missed.
What is the Best Way to Prevent Foreclosure?
The best way to prevent a foreclosure depends on your financial situation. There are a number of different options available. Among other things, you should consider:
- Negotiating a mortgage repayment plan;
- Exploring available refinancing options;
- Applying for a loan modification;
- Conducting a short sale; and
- Filing for bankruptcy protection.
How Can a Foreclosure Process Be Temporarily Stalled?
You can stop a foreclosure by filing for personal bankruptcy protection. Under federal law (11 U.S. Code § 362), a bankruptcy filer gets access to an automatic stay. All collection efforts must be paused. A bankruptcy filing will —temporarily—stall the foreclosure process.
How Can I Avoid Losing My House from Foreclosure?
Be proactive. If you have missed payments, received a pre-foreclosure notice, or are facing an imminent foreclosure, it is imperative that you consult with an experienced New York City foreclosure defense attorney right away.
How Our New York City Foreclosure Defense Lawyers Can Help
Facing foreclosure is distressing. You do not have to go up against the mortgage company alone. At Poltielov & Habib, LLP, we have extensive experience helping people defend their rights and protect their home. Among other things, our New York stop foreclosure lawyers are prepared to:
- Hear your story and answer your questions about the foreclosure process;
- Help you evaluate all potential options for stopping a mortgage foreclosure;
- Gather and prepare all of the documents, records, and paperwork you need; and
- Develop a comprehensive foreclosure defense strategy to help you get the best results.
Contact Our New York Stop Foreclosure Attorneys Today
At Poltielov & Habib, LLP, our New York stop foreclosure attorneys are skilled, experienced, and solutions-focused advocates for homeowners. We fight to help people stop foreclosure and find the best answer for their specific situation. Contact us today for a free, no obligation consultation. We provide foreclosure defense services in Queens, New York City, and throughout the wider region.