Search Site
Menu
Loan Modification May Be Viable Form Of Foreclosure Defense
On behalf of Rubin & Licatesi, P.C. posted in foreclosure defense on Wednesday, January 4, 2017.

Being at risk of losing a home can be a substantial weight on an individual’s shoulders. Foreclosure affects many people, and often, these individuals are uncertain about what options they may have for foreclosure defense. Parties who are facing such a predicament may wish to gain more information on viable prevention paths.

One way in which New York residents could potentially stop foreclosure is to seek a loan modification. This type of modification allows for a homeowner to negotiate with the mortgage lender in hopes of gaining a more manageable monthly payment and revise other terms of the agreement. This action could have various positive impacts on a situation that could allow individuals to potentially get back on the right track with their mortgage.

If individuals are successful with gaining a modification, they may see their interest rates lowered, reduction of penalties and fees and other benefits. Of course, some individuals may feel unsure as to how they should go about seeking such a modification. In these cases, considering legal assistance may be prudent. Taking action may be able to help individuals save their homes.

If New York residents feel that there is no stopping a foreclosure, information on foreclosure defense strategies may save them from a very difficult loss. Experienced attorneys can offer guidance relating to loan modifications and other options that could suit particular circumstances. Therefore, interested individuals may wish to closely assess their specific circumstances and determine whether speaking with an attorney in hopes of saving their homes could be in their best interests.

Source: waterlandblog.com, “DAL Law Firm: How to get help to avoid foreclosure“, Dec. 27, 2016

Verdicts & Settlements

Over $100 Million in Verdicts & Settlements For Our Clients

  • $8 Million

    Plaintiff sustained a series of fractures and other injuries to the right shin, heel and foot, requiring nailing of the right tibia with two proximal and two distal locking bolts, ultimately resulting in below-the-knee amputation

  • $3 Million

    Infant plaintiff sustained encephalopathy as result of DPT vaccination administered by NYC Health and Hospitals Corporation.

  • $1.7 Million

    Plaintiff was involved in a car accident resulting in multiple disc herniations requiring percutaneous fluoroscopic-guided epidural treatment and lumbar fusion laminectomy.

  • $1.3 Million

    47 year old male police officer injured as a result of surgical malpractice by an orthopedic surgeon resulting in an inability to work and permanent impairment of gait.

  • $2 Million Dollar

    Wrongful death case settled at the Appellate level, 44-year-old husband and father drowned while swimming in a municipal pool.

Watch Our Videos
Meet Our Team
  • NYSTLA
    Nasaau County Bar Association
    NYSBA
    Queens County Bar Association
    ABA
  • ATLA
    Martindate Peer Review Rated
    Avvo Live Rating
    Avvo Live Reviews
    Avvo Clients Choice 2018
  • SuperLawyers
    US Union Network
    TNTL Top 100
    Top Attorneys NY Metro 2019
     
  • NYSTLA
  • Nasaau County Bar Association
  • NYSBA
  • Queens County Bar Association
  • ABA
  • ATLA
  • Martindate Peer Review Rated
  • Avvo Live Rating
  • Avvo Live Reviews
  • Avvo Clients Choice 2018
Contact us

Quick Contact Form