Manhattan Mortgage Foreclosure Lawyer
Perhaps a property owner has failed to pay their mortgage for several months and the bank takes action by holding a foreclosure auction. Often, there is a surplus of funds and the person who owns the property walks away unaware. In fact, many tens of thousands of dollars are paid into the court every year because nobody is there to recover or request the surplus or excess funds from a foreclosure sale.
By law, you may be entitled to at least a portion, if not all, of the surplus funds generated from the foreclosure sale of your home or other real estate property. A knowledgeable mortgage foreclosure attorney can help ensure that your best interests are fully protected in the wake of a foreclosure sale.
Mortgage foreclosure is a very complicated process. At the Jackson Heights law office of David B. Schachter, Attorney at Law, we take great pride in helping clients recover foreclosure surpluses. While the process involves making an application to the court, a procedure which takes some time and effort, the payoffs can prove to be great. Please call our New York mortgage foreclosure lawyer today to learn more.
Effective Mortgage Excess Servicing
In today’s real estate market mortgage foreclosures are rampant. If you were unable to avoid mortgage foreclosure and are wondering whether there was some amount of money left over, our surplus funds attorney can help. Please contact David B. Schachter, Attorney at Law, today for assistance with your pressing legal concerns.
