New York Commercial & Residential Foreclosure Representation
At the law firm of Jeffrey S. Ween & Associates, our attorneys fully understand this developing area of the law. We have undergone extensive training in foreclosure law in order to provide our clients with the most up-to-date advice about foreclosures and their options for avoiding them.
To schedule a consultation with a New York City real estate lawyer. Call 646-448-9300 or 888-832-1780. Or, contact our firm via e-mail.
Loan Workout Plans and Mortgage Modification
When a property is no longer worth what it once was, we conduct negotiations with banks and other lenders in order to reduce the payments or create a situation that renders the investment worthy of repayment. This attempted renegotiation is often the most effective strategy for avoiding a foreclosure.
In situations where a renegotiation is not viable, we use a number of technical defenses in hopes of buying time for our clients. This is an effective way to provide distressed property owners with breathing room to devise an effective plan.
Commercial Foreclosures
Business foreclosures are very similar to residential foreclosures with one primary exception: The court will require a series of mandatory settlement conferences before the lender can aggressively attempt to foreclose.
