Many large financial institutions are suspending foreclosures because of the massive economic damage caused by COVID-19. Some banks have stopped proceedings indefinitely. Others have set time limits for foreclosure suspensions such as 60 or 90 days. Even as health and financial issues remain uncertain, this is a good time for homeowners to take stock and learn about the revised rules and the actions you take can help save your home.
If you’ve lost your job or are concerned about your ability to meet your mortgage obligation, it would be wise to:
A temporary foreclosure suspension is a helpful stopgap, but planning ahead may prevent the foreclosure process from continuing after the coronavirus pandemic is over. If you are facing foreclosure and need assistance on what to do next, an experienced foreclosure defense attorney can help you with your options and guide you as circumstances continue to change in response to this overwhelming medical crisis and its economic fallout.
Over $100 Million in Verdicts & Settlements For Our Clients
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
Infant plaintiff sustained encephalopathy as result of DPT vaccination administered by NYC Health and Hospitals Corporation.
Plaintiff was involved in a car accident resulting in multiple disc herniations requiring percutaneous fluoroscopic-guided epidural treatment and lumbar fusion laminectomy.
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.
Wrongful death case settled at the Appellate level, 44-year-old husband and father drowned while swimming in a municipal pool.
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