Experienced New York and National Short Sale Bankruptcy Attorneys
Avoiding foreclosure is often in the best interests of homeowners who are in debt and are having trouble staying current on their mortgages. Given the current economic climate, however, foreclosures are becoming more frequent throughout New York. If you are faced with foreclosure, it is important to know that you have options.
At the law firm of Malik & Associates, P.C., our lawyers have years of experienced providing relief to those in debt and those who face the possibility of foreclosure as a result of that debt. We know that our clients are often nervous about their financial situations and are running out of options. Time is of the essence, and it is important to talk with an attorney as soon as possible to learn about your best choices.
Our Nationwide Real Estate Representation
Malik & Associates has extensive experience representing individuals and corporations in the purchase, sale and lease of all types of property interests; examination of title; resolutions of title problems; title claims litigation; planned unit developments; condominiums; cooperatives; homeowners' associations; negotiating and documenting projects; negotiating sales and leases (municipal and commercial); foreclosures; entity formation; consolidation; modification and extension loans; closing or settlement of conventional VA, FHA and SONYMA loans; HUD transactions; private mortgages; landlord/tenant litigation; and real estate related litigation, including, but not limited to actions for partition; specific performance; constructive trusts; lease and contractual disputes and claims for real estate commissions.
New York/Nationwide Mortgage Loan Modification Attorneys
At Malik & Associates, we have experience with many options that can help to prevent foreclosure, including:
- Loan modifications - Where the terms of a home loan are changed to reduce the principle balance and make it easier for homeowners to get current
- Short sales - Where a homeowner is allowed to sell a home, usually at less than the amount owed on the house, in order to avoid a deficiency judgment
- Chapter 7 or Chapter 13 bankruptcy - Bankruptcy places an automatic stay on all collection activities, including foreclosure, and homeowners may be able to keep their homes in many situations
If you are behind on your mortgage and are faced with foreclosure, these options may also help you to rebuild your credit, since late payments will stop and it will prevent a deficiency judgment from appearing on your credit report. Learn more about improving and rebuilding your credit from our attorneys.
Our firm also represents homeowners in foreclosure litigation.
Don't Panic. Call Our Firm to Get Experienced Help
Our firm has the experience you need and provides the personal service that you deserve. We will review your situation and help you understand which options can help you prevent foreclosure. Contact us at our Briarwood or Woodbury office by e-mail or by calling (718) 657-5755, or toll free at (877)-221-7901. We speak your language. Our staff can communicate in English, Spanish, Portuguese, Hindi, Punjabi and Urdu.