Filing An Order To Show Cause Based On Bad Faith In Loan Modifications

October 20, 2010/in Foreclosure & Loan Mod Blog /by Scott Lanin

This is a new area of law. The question that arises is what is the lender’s obligation during a loan mod. I have researched this and found many legal grounds to raise to support an order to show cause to stay a sale or vacate a sale where there has been bad faith by a lender during a loan modification review. If you have a New York property and encountered questionable practices, you may want to schedule a consult and have a detailed legal review of your rights.

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Cases and disputes can vary in complexity. Some can be handled in a routine 20 minute phone consult. More complex matters will require time to review and analyze documents and legal issues. If your matter is more complex, we may offer you a paid one hour consultation or hourly services, depending on the time needed to properly evaluate your situation. We always require a signed retainer agreement before we begin to provide legal services. The agreement will detail the scope of services included as well as your rights as a new client.

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Filing An Order To Show Cause Based On Bad Faith In Loan Modifications

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