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Foreclosure Crisis Continues

June 1, 2011 by

Foreclosure Crisis ContinuesForeclosure rates are going down. April of 2011 was the seventh month in a row that the number of homes that banks and other financial institutions initiated foreclosures against declined. There were 34% less foreclosure proceedings brought in April of 2011 than in April of 2010. Although this seems like good news, it is not! Rick Sharga of Reality Trek recently stated that, even with the decline in the foreclosure rates, there were still 225,000 foreclosures initiated during the month of April. There are more than 3.7 million families that are more than 90 days behind on their mortgage payments. In the past, almost all of these homes would have been put into foreclosure. However, the large majority of these homes are still not in foreclosure. Banks are under a microscope by regulatory agencies concerning their foreclosure procedures. They are now making sure that they “dot their i’s” and “cross their t’s” on all new foreclosure proceedings they initiate.

Saturated Real Estate Markets

The current level of foreclosures have saturated most of the real estate markets in the United States. The banks are slowing down their foreclosure procedures to avoid having a further negative impact on the homes that are already on the market waiting to be sold.

Mortgage Modification

Due to the concern by many large financial institutions about further flooding of the real estate market, they have liberalized some of their programs on mortgage modifications. In March of this year, more than 75,000 mortgage modifications were granted by financial institutions. This represented a 26% increase in the number of new mortgage modifications approved by banks since February of 2011.

Declining Home Prices

As home prices continue to decline, more and more homes become under water (worth less then the amount of their mortgages). This unfortunately creates an incentive for mortgage holders to default on their loans and walk away from their homes. It is estimated that approximately 30% of all single family homes in the United States are currently under water. If banks put more homes into foreclosure, the number of homes that are worth less than the amount of the mortgages on them will increase and continue to accelerate the downward spiral in home values. Some experts are predicting that home values will decrease in 2011 by 7% to 9%.

Conclusion: The Housing Crisis is Far From Over

It is estimated that the market for single family homes will not return to a normal housing market until 2014!

Foreclosure Defense

The Law Offices of Schlissel DeCorpo is considered by many to be the premier foreclosure defense law firm in the Metropolitan New York area. We represent our clients concerning mortgage modifications and we deal with mortgage modification programs that fail. We litigate all aspects of foreclosure defense including, but not limited to, defective mortgages, defective foreclosure lawsuits, predatory lending and other real estate related defenses. We attend foreclosure court conferences for our clients. At the time of the initial consultation, we provide our clients with all foreclosure options, which also includes discussion of filing Chapter 7 and Chapter 13 bankruptcies, which stop foreclosures upon the filing. Feel free to call for a free consultation. Thank you for visiting our foreclosure blog.

Filed Under: Current Events, Foreclosure Defense, Mortgage Modification Tagged With: , , , , , , , , , , ,

Long Island’s Economic Problems

May 18, 2011 by

In 2010, Long Island’s economy grew slower then virtually all other areas in the state of New York. Buying power decreased in the year 2010.

Economic Growth In New York State is Uneven

The economic recovery is slowly affecting New York. Unfortunately, Nassau and Suffolk Counties on Long Island have the slowest rate of economic recovery of any region in New York.

Controller Thomas DiNapoli recently stated, “our economic recovery is headed in the right direction, but the road out of the recession is still winding and potentially periless.” The Gross Metropolitan Product on Long Island shrank 4.5% last year. This is the largest level of shrinkage in New York state. The second largest level of shrinkage took place in New York City, which was a 4.4% drop.

Wall Street Affects Long Island

The economic impact of the financial difficulties on Wall Street had a greater impact in Nassau and Suffolk Counties than other areas of the state. Erick Sumberg, an aid to New York State Controller Thomas DeNapoli, stated, “the economic recovery of many communities on Long Island is heavily dependent on the strength of Wall Street.”

Long Island Real Estate

For there to be a complete economic recovery on Long Island, there must be an upward trend in the value of real estate. The ownership of a single family home is the most significant asset for most families. When a family’s largest asset is under water (worth less the amount of the mortgage), it has a chilling effect on the prosperity of the region. Hopefully, as we move into the summer of 2011, the value of homes on Long Island will start to increase!

Long Island's Economic ProblemsForeclosure Defense

My law office has been handling foreclosure defense for Long Islanders and families within the Metropolitan New York area for more than 45 years. We litigate issues involving defective mortgages, defective foreclosure lawsuits, predatory lending and real estate related issues. We attend foreclosure court conferences on behalf of our clients and we seek to put pressure for the foreclosing banks to enter into mortgage modifications with our clients.

We represent our clients in filing Chapter 7 bankruptcies and Chapter 13 bankruptcies with regard to stopping their homes from being sold in foreclosure. We meet with our clients during the initial consultation and discuss the foreclosure options available, whether they need mortgage modifications, litigating the foreclosure lawsuits and foreclosure related bankruptcy proceedings. Feel free to contact us for a free consultation. Thank you for visiting my foreclosure blog.

Filed Under: Foreclosure Defense, Mortgage Modification, Uncategorized Tagged With: , , , , , , ,

Rehabilitating Your Credit Score

May 9, 2011 by

creditMany Americans have fallen on hard times in the past few years. Loss of a job, being downsized, inability to make credit card and mortgage
payments and defaulting on personal loans have had negative effect on the credit standing of many Americans.

Credit scores generally run from 300 to 850. There are three major credit bureaus in the United States. They are Equifax, Experian and Transunion. Each of these credit bureaus have their own way of calculating credit scores. The following are a list of ways to help increase your credit scoring:

1. Consider adding a letter to your credit report explaining a
hardship that caused you to miss credit card payments. All three
credit bureaus allow consumers to add brief statements to their credit
reports.

2. Bring your credit card payments up to date. Bringing your credit
card payments up to date will have the most significant affirmative
impact on your credit score.

3. Obtain Secured Credit Cards
Secured credit cards can be used to rehabilitate your credit score. These cards require you to put a certain amount of money in a bank account, for
example, $500. This is used as collateral against the amount of
credit you receive on your card.

4. Join a Credit Union
Credit Unions are more lenient than other financial institutions in
offering credit cards and personal loans to their members.

5. Avoid Credit Card Repair Companies
Most credit card repair offers are scams. The claims made by these
companies are that they can straighten out your credit. They have no magic wand! Although there are some legitimate credit card repair companies, you don’t need to hire them. Just pay your bills on time and your credit
will over time repair itself.

Foreclosure Lawyer

Our law office provides foreclosure defense for our clients. We help
our clients with mortgage modifications and mortgage modification
programs that don’t work. We litigate defective mortgages, defective
foreclosure lawsuits, predatory lending, bad faith on behalf of
financial institutions and other real estate related matters. We
attend foreclosure court conferences for our clients and we utilize
these conferences to try to motivate the lenders to give our clients
mortgage modifications. We educate our clients as to the foreclosure
options available to them. In appropriate situations, we file
foreclosure related bankruptcies. These bankruptcies can be either a
Chapter 7 or Chapter 13 bankruptcy. These bankruptcies automatically
stop foreclosures from moving forward. In some circumstances,
bankruptcy can help eliminate second mortgages. Feel free to call us
for a free consultation. Thank you for reading my foreclosure blog.

Filed Under: Foreclosure Defense, Mortgage Modification, Uncategorized Tagged With: , , , , , , , , , , , , , ,

Foreclosed Homes Zap the Strength Out of Our Economy

May 6, 2011 by

Banks and other financial institutions are in the loan business. They make loans based on the understanding that they will be repaid both the principal and interest. This is how they make a profit.

Foreclosures

Banks usually wait until a mortgage borrower is more than three months behind before initiating foreclosure proceedings. It is generally more profitable for a bank to resolve non-payment issue without resorting to foreclosure on the home. Lenders are in the money business, not the real estate business. They want to make loans and receive interest and principal payments on those loans. They don’t want to own real estate. When a bank takes possession of a home in foreclosure, their money is tied up in the foreclosed home.

Neglected Homes

Some of the homes taken back by financial institutions need major repairs and upgrades. Some of these homes have been empty for a considerable period of time and have been vandalized or neglected by the prior owners. Banks do not want to get involved in the repairing of homes they’ve taken ownership of in foreclosures.

Foreclosures in Depressed Market Prices

The recent increase is in the amount of foreclosure proceedings brought by financial institutions have further depressed the price of homes.

Price Reductions In Foreclosures

In neighborhoods with high foreclosure rates, the prices of all the homes in these neighborhoods are negatively affected. The sale of homes at bargain prices has a negative effect on the construction industry. Jobs are lost in the process. Suppliers of wood, steel and aluminum to the construction industry are losing jobs because of reduction in their business.

Foreclosure Help

We assist our clients in all aspects of foreclosure defense. We meet with our clients and provide our clients with foreclosure options. These options involve mortgage modifications, litigating defective mortgages, defective foreclosure lawsuits, predatory lending, bad faith and other real estate related issues.

We discuss foreclosure related bankruptcy filings. These can be either Chapter 7 or Chapter 13 bankruptcies. The filing of these bankruptcies immediately stops the foreclosure from moving forward. We also assist our clients in re-establishing credit and, in some circumstances, we can eliminate second mortgages by filing bankruptcies. Call us for a free consultation. Thank you for reading my foreclosure blog.

Filed Under: Current Events, Foreclosure Defense, Mortgage Modification Tagged With: , , , , , , , , ,

Foreclosures Increase Economic Stress in the United States

May 5, 2011 by

In December of 2010, the economic stress in the United States increased. This was largely due to the depressed housing market. Foreclosure rates rose in thirty-three states during December. In addition, bankruptcy levels remained very high.

Social Security Rates Go Down

During the 2011 calendar year, the tax rate for social security taxes was reduced. This results in workers’ paychecks going up.

Manufacturers Are Adding Jobs

In the United States, manufacturers, after many years of having shrinking payrolls, plan on hiring more employees in the year 2011. In January of 2011, the manufacturing sector of the United States economy added approximately 50,000 jobs. This was the largest increase since August of 1998.

Unemployment Rates Go Down

The unemployment rates have been slowly decreasing in the United States for the past two months. The unemployment rate was 9.8% in November of 2010 and fell to 9% in January of 2011.

Bankruptcies and Foreclosures Increase

Rajeev Dahawan, an economist at Georgia State University, stated, “bankruptcies and foreclosures are the side effects of the damage from the real estate bust. First you have the real estate problem and then it spills over into bankruptcies and foreclosures.”

Bankruptcy

Bankruptcies generally increase during times of economic stress. In November of 2005, the Bankruptcy Reform Act led to more stringent standards for filing a bankruptcy. A “means test” was a mandatory part of the Bankruptcy Reform Act. Since November of 2005, the rules regarding filing Chapter 7 bankruptcies have been liberalized; however, the means test standard still applies on all new Chapter 7 bankruptcy filings.

Bankruptcy Lawyer

Our law office files Chapter 7 and Chapter 13 bankruptcies on behalf of our clients. These bankruptcies will stop foreclosures from moving forward and, in some circumstances, eliminate second mortgages. In addition to filing bankruptcies, we educate our clients on how to re-establish credit after bankruptcies are filed.

Our law office provides comprehensive foreclosure defense legal services. We assist our clients in applying for mortgage modifications and deal with mortgage modification programs that fail to meet our clients’ needs. We litigate defective mortgages, predatory lending, defective foreclosure lawsuits, bad faith on behalf of financial institutions and all other real estate related matters. During the course of foreclosure litigation, we attend foreclosure court conferences on behalf of our clients and try to motivate the financial institutions to give our clients mortgage loan modifications. Feel free to call us at 1-800-344-6431, 516-561-6645 or 718-350-2802 to discuss your legal needs. Thank you for reading our foreclosure blog.

Filed Under: Current Events, Foreclosure Defense, Mortgage Modification, Uncategorized Tagged With: , , , , , , , , , , , , , , , ,

Mortgage Company Attorney Sanctioned Over False Statements

April 27, 2011 by

Judge Fairgrieve, sitting in the District Court located in Nassau County, fined a foreclosure attorney named Steven J. Baum P.C. Mr. Baum was sanctioned $14,000 in attorneys fees and and additional $5,000 payable to the Lawyers Fund for Civil Protection with regard to the case of Federal Home Loan Mortgage Corp. vs. Raia, which was decided on November 23, 2010.

Attorney Criticized by the Court

Steven J. Baum, P.C., is one of the largest foreclosure law firms in the state of New York. Mr. Baum’s law office litigates foreclosure matters throughout New York.

The court noted in this case that many of the sworn allegations in the foreclosure proceeding were found to be false. The Judge ordered a hearing to determine appropriate sanctions, due to the fact that the mortgage company lacked a possessory interest in the premises. The attorneys for Steven J. Baum, P.C., argued that the allegations in the petition, although they were incorrect, were not material and that sanctioning the foreclosure law firm would not be appropriate. Judge Fairgrieve, in his decision, stated that the false statements dealt with the issue of standing to bring the foreclosure proceeding. He went on to state that a lawyer is guilty of professional misconduct if he makes false statements to a court under the rules of professional conduct that lawyers must abide by.

Judge Fairgrieve found that Steven J. Baum, P.C., was professionally irresponsible and impeded the proper administration of justice. He noted in his decision that this was not the first time that this law office had acted inappropriately. The judge indicated in his decision that in a similar case three years ago, Steven J. Baum’s law office was to be sanctioned.

Foreclosure Defense Lawyers

The Law Offices of Schlissel DeCorpo provides foreclosure defense regarding cases in Nassau and Suffolk Counties on Long Island, the five boroughs of the City of New York and Westchester County. Our office has numerous cases pending where we are defending homeowners from foreclosure. In these cases, we help our clients stay in their homes. We litigate defective mortgages, defective foreclosure lawsuits, predatory lending and other real estate related issues. We also assist our clients in the preparation of mortgage modification applications and we deal with mortgage modification programs that fail to meet our client’s needs. We attend foreclosure court conferences on behalf of our clients and seek to put pressure on the mortgage companies and banks to provide our clients with mortgage modifications. Call us for a free consultation at 516-561-6645, 718-350-2802 or 1-800-344-6431.

Filed Under: Current Events, Foreclosure Defense, Mortgage Modification Tagged With: , , , , , , , , , ,

Aid for Home Buyers Coming to an End

April 25, 2011 by

Fannie Mae and Freddie Mac are the federal agencies that are responsible for the large majority of mortgages in the United States. The Obama Administration plans on eliminating these two programs and replacing them with new programs.

Fannie Mae and Freddie Mac subsidized 90% of the home mortgage loans in the United States in the year 2010. Under the new programs suggested by President Obama, the percentage of loans sponsored by federal agencies by the end of the decade will be only 10%.

Fannie Mae and Freddie Mac

Freddie and Fannie’s programs were established in the United States after the great depression. The intent of these programs was to assist Americans in the purchase of single family homes. For decades, Freddie and Fannie were successful in helping Americans fulfill the American dream of home ownership.

These programs attract investors by guaranteeing repayment of mortgages even if the homeowners default. The investors accept relatively lower interest rates under these programs due to the government guarantees. This enables both Freddie and Fannie to create a pool of mortgage money for lenders at low cost, which in turn allows the borrowers to obtain relatively low interest rates on their mortgages.

Tax Payers Back Freddie and Fannie

The problem with Freddie and Fannie is that the system only works because the United States Treasury backs the system. In the year 2008, the Federal Government was forced to take over these companies. Since then, the government has spent $135 billion dollars in honoring mortgage loan guarantees.

Freddie and Fannie To Be Dissolved By The Obama Administration

The Obama Administration plans on gradually phasing out Freddie and Fannie. They plan on doing this by reducing the number of loans that they guarantee and charging higher prices to the private lenders. Higher down payments will also be required for the perspective homeowners to obtain mortgages.

Thirty Year Fixed Rate Mortgage

The thirty year fixed rate mortgage is the most common mortgage given in the United States. This mortgage would never have existed without government support under the Freddie and Fannie programs.

Three Options to Replace Freddie and Fannie

The first option would be the complete elimination of all government guarantees for mortgages. The second option would offer some guarantees to investors, but only at times when the economy is not doing well or the real estate market is in financial distress.

The third option would involve the government guaranteeing various types of mortgages, but only if lenders first purchased a guarantee from a private insurer. Although this would limit the government’s exposure, it would also impact interest rates. The third option is a similar option to what exists today under Freddie and Fannie.

Affordable Housing

Conservatives blame Freddie and Fannie for causing the mortgage crisis in the United States. Housing advocates say the Obama Administration is making a mistake in trying to kill Freddie and Fannie. They point to the fact that these programs have been successful for decades in the past.

John Taylor, the president of the National Community Reinvestment Coalition, stated that “instead of cleaning up where Freddie and Fannie went wrong we’re eradicating a proven system that worked very well for most of it’s history.”

The ownership of a single family home is truly the American dream. I strongly believe the government should assist Americans in fulfilling this dream. However, I also believe the dream should be smaller and less expensive!

Foreclosure Help

The Law Offices of Schlissel DeCorpo provides foreclosure defense for homeowners. We litigate all aspects of foreclosures, including defective mortgages, defective foreclosure lawsuits, predatory lending and bad faith issues. We attend foreclosure court conferences on behalf of our clients and we provide our clients with the various options available to them in foreclosure matters. We also assist our clients with mortgage modifications and deal with mortgage modification programs that fail. We file Chapter 7 and Chapter 13 bankruptcies on behalf of our clients for the purposes of stopping foreclosure actions from moving forward. In some situations, we can eliminate second mortgages by filing bankruptcies for our clients. We also assist our clients in re-establishing credit after filing for bankruptcy. Thank you for visiting my foreclosure blog. Free feel to call us should you need legal assistance at 1-800-344-6431, 516-561-6645 or 718-350-2802.

Filed Under: Current Events, Foreclosure Defense, Mortgage Modification Tagged With: , , , , , , , , , , , , , , , , , , ,

When is it a Good Time to Buy a Home? How About Now?

April 22, 2011 by

Home prices have been going down this year. The pundits state that the best time to buy a home is at the bottom of the market. So how can you tell whether the market has hit bottom? Some independent analysts recommend buying homes this spring. Phil DeMuta, an investment adviser and the co-author of a book on investing entitled The Little Book of Alternative Investments, claims it’s a great time to buy a house. He states housing prices are where they were in 2002 and you’ve got mortgage rates at 5% now on a thirty year mortgage. He further states, “if you can put down the 20% and qualify for a good mortgage, I’d say this is an excellent time to take that kind of position.”

Anthony Sanders, a professor of Real Estate Finance at George Mason University, takes the opposite approach. He is cautious about the outlook of the real estate industry. He suggested there may be a buying opportunity in the late summer of 2011.

Renting

There is currently a large number of homes in America in foreclosure. It is estimated that the number is currently close to two million. As these homes come back into the real estate market, they will have a further negative affect on home prices. Is renting the solution? Renting should be considered something to do on a temporary basis. The owning of a single family home by a family is the American dream. In theory, home ownership in a rising real estate market will provide the homeowners with a lovely place to live, as well as increasing equity in their investment.

Professor Anthony Sanders from George Mason University takes the position that continuing to rent due to the high home vacancy rate of 18% is the best route to take right now. He suggests that young couples wait to see how the whole market progresses this year before buying a home. He states the average person stays in their house only about six or seven years, so you have to have some belief the prices will be relatively constant over that period, so you don’t take the loss. Sanders feels “the housing market is sitting on a ledge and could go either way – – it could go up which is good or we could be in for a double dip.”

Market Bottoms

It is impossible to pick out the market bottom in advance. The real estate market has been in a disarray for the past few years. Housing prices have been going down for the past several months. I anticipate homes will be worth less at the end of 2011 in most metropolitan areas than at the start of this year. So my personal suggestion is wait and see how things shape up in the economy and the real estate market.

Foreclosure Lawyer

Our office represents individuals in foreclosure defense matters. We have more than 45 years experience in handling various real estate problems. We represent our clients regarding mortgage modifications and mortgage modifications that fail. We litigate defective mortgages, predatory lending, and other foreclosure related issues. We attend foreclosure court conferences on behalf of our clients. We advise our clients concerning foreclosure related bankruptcy matters including, but not limited to, filing Chapter 7 and Chapter 13 bankruptcies. In situations where we file bankruptcy on behalf of our clients, we stop foreclosure in its tracks and, on some occasions, we eliminate second mortgages. We also help our clients after filing bankruptcy in re-establishing credit. This foreclosure blog is designed to advise the general public, as well as our clients, concerning mortgage modification issues, foreclosure related issues and real estate matters in general. Feel free to call us for a free consultation at 1-800-344-6431, 516-561-6645 or 718-350-2802.

Filed Under: Current Events, Foreclosure Defense, Mortgage Modification Tagged With: , , , , , , , , , , ,

The Housing Market in 2011

April 18, 2011 by

Most major markets in the United States have had a decline in housing prices in January and February of this year. Although there has been a reduction in unemployment in the United States, this has not caused the housing market to rebound.

Inventory Issues

According to the National Association of Realtors, there are 3.5 millions homes that are listed for sale in the United States. Based on the current rate of sales, the inventory of homes can supply the market for 8.6 months. This number does not include homes that are being foreclosed on by financial institutions. There is approximately an additional 1.8 million homes that should be considered on the market at this time. This would make the inventory of homes to be sold closer to 11 months.

Underwater Homes

The inventory figures do not take into consideration the 2 million homes which are currently underwater. If these homes are added to the inventory list, it brings the amount of homes that need to be sold for the market to reach a current equilibrium to an inventory of two years.

Are You Selling Your House In the Near Future?

If you plan on selling your house in the near future, you should look into the real estate sales in your local area. I strongly suggest that you confer with local real estate agents to get a better understanding concerning your local market place.

Home Prices

The value of homes in the large metropolitan areas of the United States has started to creep up again. Taking into consideration the fact that mortgage rates are at historic lows, it is still a purchaser’s market. Even if the sale prices of homes stabilize, we are still looking at a purchaser’s market for a long time to come.

Foreclosure Opportunities

Our office can help you with foreclosure defense, mortgage modifications, dealing with mortgage modification programs that fail, defective mortgage issues, options in foreclosures, defective foreclosures lawsuits, predatory lending and other real estate related issues. We also assist our clients concerning foreclosure related bankruptcy issues. We file Chapter 7 and Chapter 13 bankruptcies on behalf of our clients. We maintain a foreclosure blog for reference and educational purposes. Call us for a free consultation at 1-800-344-6431, 516-561-6645 or 718-3502802.

Filed Under: Current Events, Foreclosure Defense, Mortgage Modification, Uncategorized Tagged With: , , , , , , , , , ,

Buying a Home in Today’s Market

April 7, 2011 by

Buyer’s Market

There are many homes on the market today in every locality. Some homes are placed on the market by sellers, other homes come to the market by way of foreclosure by the financial institution. All of these homes have one thing in common, they’re competing against many other homes to be sold.

What Should a Seller Do

A seller should look for a bargain. In today’s market, if the perspective purchaser’s first offer does not insult the seller, they are offering too much money. There is no list price for a used home. The value of a home is based on supply and demand. There is an over supply of homes on the market right now. This is why it is a purchaser’s market. Do not be afraid to offer a substantially lower amount than the seller seeks to sell his or her home for. It is your money, be careful!

What To Do First

Obtain a credit report. If your credit is good, great! If your credit is not so hot, contact an attorney or credit counselor and rebuild your credit.

Speak to a real estate broker and/or a mortgage broker about the actual cost involved in the closing on the purchase of a home. Do you have 20% of the home’s value as a down payment? If not, look into whether you can obtain a mortgage with a lower down payment. Speak to other local banks or mortgage brokers.

FHA and VA Mortgages

FHA mortgages are Federal Housing Authority mortgages. VA mortgages are given out by the Veterans Administration to Americans who have served in the armed services of the United States. These are alternatives to obtaining a conventional mortgage from a financial institution. Investigate whether you qualify for these mortgages and whether their interest rates are lower then those of financial institutions giving out conventional mortgages.

Be Careful

Even if you obtain the deal of a lifetime, you may find that in a year or two, due to current market situations, your home is worth less than you paid for it. The purchase of a single family home is the largest investment most families make. It gives you a place to live and a place to raise your children. In most situations, it is a larger, more comfortable space than an apartment that you would rent. However, be advised it is an investment and investments can go both either up or down!

Foreclosure Defense on Long Island

We provide foreclosure defense for our clients. We litigate foreclosure lawsuits. We attend foreclosure court conferences on behalf of our clients. We deal with issues such as defective foreclosure lawsuits, predatory lending, bad faith by financial institutions, and defective mortgages. We’ve been handling real estate related matters for more than 45 years. We assist our clients in mortgage modifications and we deal with mortgage modifications that fail to meet our clients’ needs.

In appropriate situations, we file Chapter 7 or Chapter 13 bankruptcies on behalf of our clients. Both of these bankruptcies have the impact of immediately stopping foreclosure proceedings. We explain the types of bankruptcies that are available to our clients, as well as why they should file bankruptcy. We also maintain a foreclosure blog that deals with real estate, mortgage and foreclosure related issues. Call us for a free consultation.

Filed Under: Current Events, Foreclosure Defense, Mortgage Modification, Uncategorized Tagged With: , , , , , , , , , , , , , ,

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Attorney Elliot S. Schlissel

479 Merrick Road
Lynbrook, NY 11563 Nassau phone: 516-561-6645
Suffolk phone: 631-319-8262
Queens phone: 718-350-2802
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Disclaimer: The information you obtain at this website is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your particular legal issue. This is attorney advertising.