Legal Question in Real Estate Law in New York
my company fell behind on a few mortgage payments on my commercial mortgage. The mortgage company had filed to foreclose in January. In February all the payments were made to be brought up to current. However they said they wanted to continue with the foreclosure, but if we remained good for 6 months, they would not proceed with the sale of the property and dismiss the foreclosure. I just received an order with notice of entry. I do not know what I should do.
Asked on 4/23/12, 10:22 am
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
If you can prove your agreement, move to vacate the judgment.
Answered on 4/23/12, 2:01 pm