New Yorkers facing foreclosure just got an extra bit of breathing room, thanks to Attorney General Andrew Cuomo (who also just happens to be running for governor). Amidst the robo-signing controversy and the announcement by Bank of America, GMAC, JPMorgan Chase and others that they will now delay foreclosures in all 50 states (up from …
New York foreclosure relief gets a boost from Cuomo Read More »
The Wall Street Journal editorial page, defenders of capitalism and rule of law, along with the mortgage industry’s spinmeisters would have you believe that this bank foreclosure fiasco and the robo-signing controversy is just a matter of some paperwork filing errors. What they underestimate (or intentionally misrepresent, depending on who you think they’re working for) …
Bank foreclosure mess: Why it’s not just a paperwork filing error Read More »
A revealing study titled Kids and Foreclosures: New York City was released yesterday by New York University’s Institute for Education and Social Policy and NYU’s Furman Center for Real Estate and Urban Policy. The study demonstrates that students living in homes subject to foreclosure suffered lower reading and math scores. The study also notes that …
New York foreclosures affect student performance too Read More »
In case you haven’t seen the news, several major banks–Bank of America, JP Morgan and GMAC–have declared a moratorium on foreclosures in 23 states, including New York. Why? Because they’ve been so sloppy in processing foreclosures that they face a wave of class action lawsuits and actions by state attorney generals. Specifically, a Bank of …
There was a good article in the New York Times recently that explains why, for a number of situations, it often makes sense NOT to refinance your home. This despite all of the junk mail you may receive encouraging you “REFINANCE NOW!” because “RATES ARE AT RECORD LOWS!” Here’s a summary of the main points: …
5 Reasons Not to Refinance Your Mortgage in New York Read More »
Time for another edition of Brooklyn Bankruptcy Update, a look at the latest Bankruptcy news and happenings out of the County of Kings (aka Brooklyn). “Fraudulent nursing school files for bankruptcy: Students left holding the bag at Brooklyn-based Envision Review Center Inc.“ (Crain’s New York Business) – The nursing school, located on 1894 Flatbush Avenue, …
Time for another edition of Brooklyn Bankruptcy Update, a look at the latest Bankruptcy news and happenings out of the County of Kings (aka Brooklyn). 1. Mayor Bloomberg Announces New NYC Service Initiative to Provide Free Legal Services to Homeowners in Danger of Foreclosure (RealEstateRama.com) “A new NYC Service initiative to provide free legal support …
Bankruptcy Man (f/k/a BAPCPA Man) fights through a classic mortgage industry trick by Mortgantua. Note: This cartoon is posted on the NYBankruptcyNet site with the express permission of the creators of Bankruptcy Man. If you’re concerned about foreclosure in New York and dealing with mortgage and other financial problems, if you’re in search of your …
Bankruptcy Man vs. Mortgantua – Mortgage Note Request! Read More »
Bankruptcy Man (f/k/a BAPCPA Man) remembers his training for fighting the mortgage industry (a/k/a Mortgantua). The cartoon also features a cameo by North Carolina-based foreclosure fighting guru, O. Max Gardner. Note: This cartoon is posted on the NYBankruptcyNet site with the express permission of the creators of Bankruptcy Man. If you’re concerned about foreclosure in …
Bankruptcy Man learns how to fight the mortgage industry (aka Mortgantua) Read More »
Grim economic news continues to pour forth. CBS News’ website has an articled titled “The Coming Foreclosure and Commercial Real Estate Storms.” You thought we were already in the middle of the foreclosure crisis? Well apparently there’s more to come. From the banks’ point of view, the longer they keep you on the hook, the …
no cost, 30 minute consultations in brooklyn, ny or melville, li
26 Court St # 2211
Brooklyn, NY 11242,USA
phone: (718) 855-6840
toll free:(800) 297-6840
fax: (718) 625-1966
68 south service road, suite 100
melville, ny 11747
phone: (631) 454-5248
by appointment only
