105 legal [2, *]questions have been posted about foreclosures by real users in New York. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include bankruptcy, commercial bankruptcy, and consumer bankruptcy. All topics and other states can be accessed in the dropdowns below.
Recent Legal Answers
You do not have to pay rent, but you are at risk of being evicted. Contact the bank's attorneys on the papers you got.
Welcome to the club. Modification has become a very random process. You need to stick with it to get it to work. The foreclosure is... Read Answer
Not as a legal requirement, but for a few hundred dollars, it would not hurt to have someone look over the deal.
A short will be much better on your credit report than a foreclosure, affecting the availability of credit in the future. Why not do a short sale? ... Read Answer
You need a good bankruptcy lawyer to look everything over. If the federal judge erred, you could appeal or ask the court to reconsider its ruling in... Read Answer
Contact the foreclosing bank. You may need to pay rent to them instead of the landlord, in exchange for them recognizing your tenancy. ... Read Answer
The answers to both of your questions are "No." The bank must provide the statement annualy as its title implies. It has nothing to do with tax... Read Answer
Simple answer: Yes. (The structure only, not the business or anything within).
It will be a business decision on their part depending on the likelihood of recovery. They have 90 days after sale to commence the action.
Yes, but only if you were current on all of your obligations throughout.
YOu will have another opportunity to work something out with the successful bidder and ultimate purchaser of the lien at auction. You may even... Read Answer
No, I don't think that will be sufficient. There may certainly be other irregularities and the Summons and Complaint should be reviewed by a... Read Answer
Normally, yes. Most loans obligate the borrower to keep the property taxes and insurance paid current.
This is a very technical, evolving area of law. If the HOA was established before the mortgage was recorded, the HOA's lien takes precedence over... Read Answer
There is no way to guess at the answer because the lender has the discretion regarding a loan modification.
Most times no. The loan is a contract that requires all parties to agree to change. Both borrowers are usually needed to sign off on a modification.
Each state has different laws, therefore you need to talk to a foreclosure attorney licensed to practice in the state where the property is located.
This is known as a deficiency. The banks have 90 days to sue for the deficiency. I cannot comment on your matter, but it is rare for the bank to go... Read Answer
Get a lawyer. The answer is filed. Get an extension if you need more time. I answer these kinds of cases for $500.
Owning a property with a HOA is subject to a contractual relationship between the unit owners and the HOA. Unit owners paying the monthly fees is... Read Answer
Contact your local bar association.
Yes. Try to get contact information from the lawyer or the auctioneer from the bank's "REO" department.
You have every right to continue occupying until you are legally evicted. The sale would have to be subject to your occupancy.
The answer depends on what stage of the foreclosure they are up to and which bank and which county. A bankruptcy WILL delay, but only if timed... Read Answer