EXCELLENCE | COMMITMENT | RESULTS

Foreclosure Defense

Due to the recent flood of wrongful foreclosures instituted against homeowners, safeguards have recently been implemented to protect homeowners in Queens and throughout New York City. Robosigning of documents and other insufficiencies have put homeowners at risk of losing their home.

There are numerous defenses that have been put into place in recent times. An example is the prohibition against predatory lending. A bank or lender seeking to foreclose must comply with the RPAPL and RESPA for example. There are rules pertaining to deceptive practices, fraud and unconscionability. An attorney can help a homeowner avail himself of certain viable defenses in a Court proceeding.

The party seeking to foreclose must send certain notices after an alleged default in payment has occurred. At a settlement conference, deals can be negotiated between the attorneys, which may lead to a modification of the loan potentially, for example.

For over 17 years we have provided the kind of quality service that causes our clients to keep coming back to us for all their real estate needs and prompts them to recommend the Law Office of George Karavias, Esq. to their family and friends.