Attorneys at Petroff Amshen Law Firm represent homeowners exclusively. Clients who are faced with foreclosure or where imminent default is a possibility can rely on Petroff Amshen LLP to achieve successful New York home loan modifications.
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Under Federal Government Programs, and through traditional “in-house” mortgage modification programs New York mortgage modification programs are available to our clients.
The most important question that homeowners ask is: “Do I qualify for a mortgage modification in New York?” There are several factors that will determine eligibility. Current level of income, property value, and the length of alleged default are just some of the criteria that is used by banks to determine eligibility for New York mortgage modification.
There are many laws that protect homeowners and force banks to offer New York mortgage modifications in good faith. For example Section 3408 of CPLR requires that both parties negotiate for a New York mortgage modification in “good faith.” Meaning, with both parties actively involved in a transaction with honesty and a genuine intention to fulfill their obligations or responsibilities.
Contrary to popular opinion, obtaining New York mortgage modification may prove to be challenging. All homeowners who are fighting to get their New York mortgage modified know that it can be frustrating process that involves multiple submissions, faxes, emails and hour-long phone calls that lead nowhere.
We assure you personalized attention from the first contact.
Financial Submissions to your Lender
Written, Telephone, and Email contact with your lender and their attorney
Negotiating Mortgage Modification
Preparation of Verified Answer
Appearance at All Settlement Conferences
Petroff Amshen Law Firm can help. New York mortgage modification attorneys of our firm are all licensed to practice law in New York State and are fully equipped to provide you with real legal services, ranging from foreclosure defence to help with your loan modification.
You are not required to hire an attorney to help you with mortgage modification, but it can make a big difference. Hiring a New York mortgage modification attorney to defend you puts your lender on notice that you are serious in keeping your home. Foreclosing on your home is now going to be a lengthy and costly process for the lender, something that they want to avoid. Working out a New York modification becomes a more attractive alternative for your lender!
Contact us to help fight for your rights.
