What Makes a Foreclosure Unfair?
Unfair foreclosures occur when lenders cut corners in the legal process, fail to follow legal procedures, or engage in outright fraud. Homeowners facing foreclosure often feel helpless, but Petroff Amshen LLP steps in to scrutinize and challenge every part of the process. Whether it is incorrect documentation, misleading notices, or rushed decisions, they are committed to exposing flaws and holding lenders accountable, as foreclosure proceedings should be transparent to protect the rights of New York residents, their families, and communities.
Confronting Foreclosure Abuses Head-On
In New York State, the foreclosure process begins after a borrower misses several payments, prompting the lender to issue a 90-day pre-foreclosure notice, as well as a notice of default. The procedure involves several critical steps, including filing a notice of pendency, serving court papers, and conducting settlement conferences aimed at finding resolutions. If the case remains unresolved, it moves through additional legal stages, including discovery, motion practice, and potentially a trial. The process could ultimately culminate in a foreclosure sale, where the house is auctioned by the bank.