Mortgage lenders in New York don’t have the authority to assume a property in default, evict the resident, and sell the parcel without permission from a judge.
The Judgment of Foreclosure and Sale is how the mortgage lender asks the court to approve their intention to claim the property and sell it.
There are defenses you can use when a lender asks for judgment in order to sell your home.
Because of the housing market meltdown of the last few years, many lenders have found themselves in the awkward position of not being able to demonstrate proper title to homes or other technical deficiencies in their cases.
A good bankruptcy lawyer can spot the holes in a mortgage lender’s assertions and help you take steps to cure a default, modify a mortgage, or protect yourself through short sales or other options.
Call the Queens foreclosure defense attorneys at Zelenitz, Shapiro & D’Agostino today at 718-599-1111 for a free consultation.