Long Island Foreclosure Lawyers

Losing Homes and Foreclosure: With so many People Losing their Homes, are you Worried about Foreclosure?

Sometimes circumstances beyond our control cause us to lose our jobs, our health, or we experience other unexpected serious financial setbacks. This can lead to being unable to pay our mortgage on time, and soon the possibility of losing our homes becomes frighteningly real. As soon as possible, if you find yourself in this situation, you should seek the advice of a Long Island foreclosure attorney to stop the foreclosure process as soon as possible. No matter how behind you are with your mortgage and debts, you can still recover from your circumstances if you are as pro-active as possible, and we want to help you do that.

Most lay persons have a difficult time understanding a mortgage contract. The law firm of Rubin & Licatesi, P.C. combines its real estate and litigation experience in order to negotiate on your behalf through the puzzle of a mortgage contacts. Our real estate attorneys initiate a conversation and reviews the process with your lender and with this partnership, we begin to provide you with a rescue plan to meet your financial goals. Foreclosure assistance through our firm can help save homes from repossession and owners from eviction.

Tips on avoiding home foreclosure

The best time to avoid a foreclosure is before it begins. If you—like so many others—are facing hard financial times through job loss, health problems, or other unexpected difficulties, we can help. Rubin & Licatesi, P.C. has a talented legal team dedicated to assisting clients to reestablish a financial foothold instead of losing their assets and their homes to foreclosure.

Along with understanding what you should do about missed mortgage payments, you need information about what you should not do during a foreclosure crisis. Contact our foreclosure lawyers in Long Island when you have questions, and do the following:

• Do not panic. Staying calm when facing the loss of your home is difficult. When you realize you are having difficulty with your mortgage, do not ignore the problem. It is easier to recover from one or two missed mortgage payments than to recoup after missing six. Working out a repayment plan with any creditor is easier when you are not seriously in arrears. If you receive notices or letters in the mail from your lender, open them immediately.
• Work with your lender. A foreclosure is not good business for the financial institution that holds your mortgage loan. Contacting your lender right away gives you the opportunity to work out a way to continue servicing your debt. If already facing foreclosure, contacting our firm can help you and your lender come to an agreement that is amenable to both parties.
• Consider your debt. Take a hard look at your income and expenses. Selling unnecessary assets, canceling cable television, looking for a second income, and prioritizing your spending will convince a lender that you are committed to making mortgage payments. Contact charge card creditors and work out repayment plans that allow you to concentrate on paying your mortgage.
• Avoid scams. Avoid companies that charge hefty fees to negotiate with your lender to save your home. Be alert to mortgage fraud, do not forward your mortgage payment to anyone other than your lender, do not sign documentation you have not carefully reviewed, and do not turn over the deed to your home. Work only with your lender and the Long Island foreclosure attorneys of Rubin & Licatesi, P.C.

Our Long Island real estate law firm provides our clients with the highest caliber of legal representation in various areas of law. We utilize state of the art technology and cost-effective methods to provide services in a timely and proficient manner. We pride ourselves on remaining accessible and responsive to each and every clients needs by our hands-on, aggressive approach.

Contact an attorney at Rubin & Licatesi, P.C. today

If you are interested in speaking with a foreclosure lawyer in Nassau or Queens County about your case, please call (516) 204-7715 or contact us online today.