Attending the
Settlement Conference in New York Foreclosures
By: Steven Baum, Lawyer
Preparation is the
key to attending the foreclosure settlement conference in New York. Knowing what to ask for and having the
appropriate documentation can make all the difference. Not the job of a Commercial Foreclosure Law Firm.
There are free
housing counselors that can be found on www.nycourts.gov/courthelp/homes/settlementConference.shtml. Maybe a Residential Foreclosure Lawyer
can do the job if you retain them. It is recommended that you determine what
your budget is so that you can attend the conference with an idea of how much
you can afford each month to put towards your mortgage.
Bringing copies of
your financial records such as pay stubs, a list of your monthly expenses (such
as utilities, food) and any information about benefits that you received. The residential foreclosure law firm or the Experienced Foreclosure Lawyer In New York are familiar with these. In addition other documentation can be
helpful such as proof of income from a rental property, real property tax
receipts and any other information related to how much you make and how much
you spend.
Like any important
meeting, get to the court early enough to give you time to find out where you
are supposed to be. Thus it could be the
area used by an experienced foreclosure lawyer in New York such as the Law Firm Of Steven J. Baum. There is also
security at courts so that can add some extra time as well. Even if you are unprepared it is better to go
to the conference than not go.
Legal Disclaimer: This article
provides general information only. The
information in this article is not and should not be construed to be legal
advice. The transmission of the
information found in this article and on this web page does not result in the
formation of a lawyer-client relationship.
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