See Attorney Raymond Radow Quoted in an Article About Foreclosures in The Wall Street Journal
If you fall behind on your mortgage payments, you will receive a notice of foreclosure, and eventually, a Summons and Complaint. Despite the common understanding of foreclosure as “getting kicked out of your home,” this is not the time to panic or despair. A foreclosure is simply a lawsuit, and by retaining experienced foreclosure defense attorneys, you will ensure yourself ample opportunity to seek a preferable alternative long before the case proceeds to the point at which you may lose your home at a foreclosure auction.
Whether it is your desire to stay in your property by reinstating your mortgage or obtaining a Loan Modification or to walk away from your property without the negative ramifications of a foreclosure by executing a Short Sale it is critical to give yourself the best opportunity possible by retaining our office to aggressively defend your foreclosure. Our goal is to help you through this complex legal process. We can also file a lawsuit against your lender on your behalf if we suspect the foreclosure brought against your home is illegal. Depending on your unique situation, one or all of these options may be available to you. Therefore, as we understand how critical it is to sit down with a knowledgeable attorney and determine the best strategy early on in the foreclosure process, we offer a 100% free consultation to our potential clients.
Regardless of which strategy you decide to adopt, it is critical that you retain an attorney to defend your foreclosure immediately upon receiving a Summons and Complaint. If these papers are not responded to within 20-30 days (depending on the manner in which you were served), your lender will be able to obtain a default judgment against you. A default judgment will dramatically shorten the time available to pursue any alternative to foreclosure. At the Radow Law Group, we are experienced in executing all of the available strategies. As a result, we can begin aggressively pursuing any strategy or combination of strategies in combination with the legal defense of your foreclosure action immediately, thus improving your chances of eventually achieving a successful alternative to foreclosure.
It is also important to know that in order to fight your foreclosure, you may have to appear in court. A dedicated foreclosure defense lawyer from the Radow Law Group can provide you with the legal defense you need to fight your foreclosure and protect your rights.
The Radow Law Group has built a strong reputation for defending foreclosure actions throughout New York City and the surrounding counties based on our aggressive use of every legal defense available to our clients. A foreclosure defendant may interpose a variety of defenses to a foreclosure action. Thanks to our experience working with these defenses, our foreclosure attorneys can assist you in not only understanding each defense, but also focusing on your specific situation and interests in order to determine which one best suits your individual case. By using these defenses, we can help you generate leverage with your bank, which can improve the chances of successfully settling your case.
A foreclosure can be scary. However, the looming threat of your house being sold comes hand in hand with the opportunity to take advantage of the involvement of a judge. We are very familiar with all of the statutes and regulations enacted in the wake of the recent economic downturn to encourage good faith settlement negotiations between lenders and borrowers, and take full advantage of this knowledge wherever possible. Therefore, we are often able to request that the judge enforce these laws, which require the bank to give you a full and fair opportunity to be considered for all forms of loss mitigation, including loan modification.
If you are facing the possibility of foreclosure, contact the Radow Law Group, P.C. today to schedule a free consultation. Attorneys are available at all hours to speak to you, please call 516-253-4300. We provide our legal services in Great Neck, Nassau County, Suffolk County and Queens, New York.