(For informational purposes only and not intended as legal advice or legal consulting.)
Do you have a Clinton or Chelsea, 10019 zip code foreclosure lawsuit?
If so this is now the highest concentration of foreclosures in Manhattan!
Surprisingly, there were 20 first-time foreclosures last year in the 10019 zip code, which represented 13% of the borough’s yearly total.
You are not alone if you have a Manhattan foreclosure action pending and the clock is ticking.
If you do nothing, you will lose your property and it will be sold at a foreclosure auction!!
Mortgage lenders are required to follow strict foreclosure laws and be in full possession of all necessary paperwork at the time they commence foreclosure lawsuits.
This is often not the case, many times mortgage lenders are not in full possession of necessary paperwork to properly foreclose.
In Clinton or Chelsea, mortgage lenders know that residents are often too ashamed or embarrassed to even challenge them to see if they have Standing to foreclose.
“There is nothing to be ashamed about, people shouldn’t be shamed because of foreclosures!”
No mortgage lender or anyone else has a right to foreclose against your property, without first proving they have a right to do so!!
Manhattan foreclosures are considered as “rich people foreclosures” and why should anyone care?
First off, foreclosure events can happen to anyone.
Families should be protected and not shamed!
Manhattan residents need to be made aware of a new foreclosure Standing bill passed and how the “New York Foreclosure Protection Bill” Senate Bill S5160 is a VERY powerful foreclosure defense weapon to help Stop Foreclosures!!
On December 23rd, 2019 the “New York Governor Andrew Cuomo” signed this new bill that is intended to help all defendants in foreclosure court right now and can be used at any time during a foreclosure lawsuit.
In the state of New York, 1 in 21 homes are in foreclosure and another 1 in 10 are at risk of foreclosure status.
New York is in a crisis epidemic state of emergency where properties that are either in foreclosure or facing foreclosure exceeds the populations of Buffalo, Rochester, and Syracuse combined!!
It’s imperative that homeowners facing foreclosures, foreclosure defense attorneys, forensic loan auditors, and those assisting individuals in foreclosure matters start to arm themselves with expert knowledge on securitization imperfections and lack of enforceable security interest against foreclosure actions to properly raise issues on Standing to introduce the New York Foreclosure Protection Bill!
The “New York Foreclosure Protection Bill” is the most powerful weapon and can be used to help homeowners facing foreclosures if presented properly.
Prior to the New York Foreclosure Protection Bill, a foreclosure defendant must raise and challenge lenders on issues related to Standing within 30 days of the foreclosure lawsuit.
When homeowners failed to introduce Standing issues within the allotted time frame, the right to do so later was deemed waived and was not allowed to be addressed later at any time during the entire court process.
Under the New York Foreclosure Protection Bill a new section 1302-a, permits a homeowner (the defendant) in a foreclosure suit to raise a defense of standing at any time in the litigation!!
The “New York Foreclosure Protection Bill” is a very powerful weapon as a foreclosure defense.
However, foreclosure defense strategies still need to properly address supporting issues and case laws to raise a lack of Standing in violations to Article 13 in Real Property Actions & Proceedings.
This is what the introductory “New York Foreclosure Defense System Forms” will help to solve and train on securitization imperfections and lack of enforceable security interest against foreclosure actions in violations to Article 13 in Real Property Actions & Proceedings for ACTION TO FORECLOSE A MORTGAGE!
“New York Foreclosure Defense System Forms” can be used to Vacate Judgment Of Foreclosure Sale, Dismiss Foreclosure Actions, Stay Foreclosure Sale Auction, and more!
The template forms are comprised of statutes to use New York Foreclosure Protection Bill to raise Standing issues and supporting case laws for foreclosure defense strategies on Standing in violations to Article 13 in Real Property Actions & Proceedings for ACTION TO FORECLOSE A MORTGAGE.
Only the loan holder has enforceable security interest and authority to foreclose and must be able to prove ownership as a holder in due course.
New York Foreclosure Defense System Forms comes with the following step-by-step fill-in-blank preparation template forms and easy to follow instructions including statutes and supporting case laws that can be used immediately within minutes by homeowners, foreclosure defense attorneys, and forensic loan auditors.
HURRY!! Please act fast to stop foreclosure!