Legal Question in Credit and Debt Law in New York
initiate forclosure proceedings in new york
i hold the mortgage on a co-operative in new york
and i need to initiate foreclosure proceedings since the mortgage has not been paid in the last 12 months
3 Answers from Attorneys
Re: initiate forclosure proceedings in new york
This area of law is our specialty; however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.
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Re: initiate forclosure proceedings in new york
FYI, co-ops do not have mortgages they have security agreements as they are not real property but shares of stock.
Didn't you have an attorney prepare the papers/note? I hope you did.
If you like, you may send me an
e-mail to discuss your questions futher.
Re: initiate forclosure proceedings in new york
and what is the question?
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