Description
Understand the frequent issues that arise, pitfalls to avoid, and common defenses to a foreclosure action in New York.New York is a judicial foreclosure state, meaning that the lender cannot foreclose on a home without filing a lawsuit in court. The proper path towards a foreclosure sale in New York States requires several compliance elements, both contractual and statutory. This process can be lengthy, with the majority of foreclosure actions taking over a year before going to a foreclosure sale. It is important to understand potential pitfalls in this process. The topics covered in this presentation will help guide persons responsible for commencing or defending foreclosure actions to understand the preforeclosure and pending foreclosure compliance requirements. This topic will also cover the role that COVID19 has played within the foreclosure context.
Date: 2021-08-31 Start Time: End Time:
Learning Objectives