Being faced with the possibility of foreclosure is a scary experience. Individuals can become unsure about what the future holds and how they will be able to shelter themselves and their families. However, there are a few ways that individuals may be able to save their home from foreclosure. One way to stop the foreclosure […]

No one wants to lose their home because they can no longer afford to make payments on it. Of course, this can be devastating. However, this does not have to be the case. If an individual who can’t make mortgage payments decides to file for bankruptcy, they can save their home from going into foreclosure. […]

One of the ways that a homeowner in New York can stop the foreclosure of their home is through bankruptcy. Of course, simply because a homeowner files for bankruptcy doesn’t mean the foreclosure just goes away. The homeowner will have to apply for the Loss Mitigation Program through the Bankruptcy Court. During the process of […]

A new report was just released by Property Shark indicating that foreclosures in New York City have increased to the highest levels in 8 years. Compared with the rate of foreclosure in 2016, New York City saw a whopping 58 percent increase, totaling at 3,306 foreclosures. The borough with the highest increase in foreclosures from […]