Is there anything I can do after a foreclosure has been started?

Yes, there are steps you can take after a foreclosure has been started in New York. First and foremost, you should contact a lawyer specializing in foreclosure defense law. An attorney in this field will be able to assess your situation and advise you of all of your options. They will also be able to help you assemble the necessary documentation to prove your case, whether it is in the form of a loan modification, reinstatement, or a short sale. If you are unable to afford an attorney, you can also contact The Homeowner Protection Program of New York. This non-profit organization provides free legal advice as well as assistance in filing paperwork. You can also look into federal and state foreclosure prevention programs. These government programs can provide you with financial assistance to pay down delinquent mortgage payments. Additionally, some lenders may be willing to work out alternative repayment plans or loan modifications with you. Finally, you may qualify for a deed in lieu of foreclosure. This option relieves you of the debt associated with the mortgage, but also requires you to relinquish the property to the lender. Though it may be difficult, it is important to stay informed and proactive when a foreclosure is in progress. Examine all of the options available to you and contact an experienced attorney or The Homeowner Protection Program to get the assistance you need.

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Is there anything I can do after a foreclosure has been started?

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