The Action has been commenced, now what? Assuming that your legal counsel has reviewed all the relevant documents and advised that the foreclosure has been properly commenced, now what? Foreclosure actions are often lengthy, and it is imperative that you retain legal counsel with knowledge of the proper procedure and applicable laws and regulations. First, …
What Homeowners in Foreclosure Should Know… Part 2 Read More »
What is a Referee? If you had applied for a loan modification or other loss mitigation option and did not qualify, and the Court agrees with the determination, the foreclosure then continues. It should be noted that the Lender has an obligation, enforced by the Court, to negotiate in good faith during the loss mitigation …
What Homeowners In Foreclosure Should Know… Part 3 Read More »
What other options do I have? It is important to take a step back from the foreclosure to address any other options you may have. At this point, you are out of settlement conferences as no modification was able to be worked out, and a Referee has been appointed to compute the amount owed to …
What Homeowners in Foreclosure Should Know… Part 4 Read More »
If you’ve come to the conclusion that no loss mitigation option is right for you, the foreclosure process in the Courts continues. Either the Motion for Summary Judgment or the Order of Reference once granted will result in the Court appointing a Referee to compute the amount owed and due to the lender. As anuninterested …
What Homeowners in Foreclosure Should Know… Part 5 Read More »
My home has a foreclosure sale date, now what? Once a foreclosure auction date has been set by the Referee, and properly published, most homeowners fear they must immediately pack their bags and move out. This is not the case. Firstly, there are a few ways that the foreclosure auction date may be able to …
What Homeowners In Foreclosure Should Know… Part 6 Read More »
Have you had an offer to purchase a co-op accepted by the seller, only to go before the Board and bedenied? Are you unsure as to why because you have some money in the bank, retirement accounts, and earn a good living? This happens more often then people think, and they are often left puzzled …
Who is a parent? That question has been defined, albeit poorly, in New York jurisprudence for last twenty-five years as a person with either an adoptive or biological connection with a child. This narrow and limited scope of the definition of parent has just been changed by the Court of Appeals in the landmark decision …
In New York State, a driver is not permitted to use his/her phone (or other portable handheld device) to talk, text, play games or to take pictures while operating a motor vehicle. Fines for violation of this law can reach $150 for even a first offense. Is that fine high enough for the many types …
Snapchat: The Need for More Penalties for Distracted Driving Read More »
Litigation can often be a boxing match that never ends. Imagine a scenario where you are a professional boxer in a boxing match. You start the match feeling very confident. You throw a straight punch followed by a hook, and then you pull a haymaker and a mixture of other punches that have other names …
You are on vacation, and like most people you rent a car. As part of the rental process, you show the agent at the counter your driver’s license. You are asked, “are there going to be any other drivers of the vehicle?” and you say “no, just me” before leaving with the car. The question …
