When mortgage foreclosures occur, the home or building owners are generally considered the victims. In our experience at Belkin Burden Wenig & Goldman, LLP, in New York City and Westport, Connecticut, we find that the banks and lenders who fronted the money to the individual and signed payment agreements are victimized when their customers cannot pay for the property they financed.
After attempts to work out payment plans and forbearance agreements, the last resort for a bank or lender is to default the loan for non-payment. That is the first step in a complicated process of getting their property back. Attorneys for the homeowner or building owner seek to prevent mortgage foreclosure through various means, including bankruptcy filing. Our job is to ensure that the terms of the contract relating to default and foreclosure are adhered to and that our clients' rights are protected.
At Belkin Burden Wenig & Goldman, LLP, we handle all aspects of the foreclosure process, from the initial preparation of the case to the final surrender of the property back to our clients. There are many complexities to deal with and many challenges to face in a mortgage foreclosure, but we are up to those challenges and will aggressively pursue all available legal remedies necessary to re-secure property for our clients.
Our firm employs a thorough and detail-oriented approach to handling your mortgage foreclosure case. That approach means foremost that things will be done properly the first time. For more information or to schedule an appointment regarding a mortgage foreclosure on a home, commercial building or investment property, please contact us.