OUR SERVICES
Commercial Litigation & Appeals
Mortgage Foreclosure Defense
Loan Modification
Business Law
* CONSULTS
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.
CONTACT US
Lanin Law P.C.
330 W 38th St., Suite 506
New York, N.Y. 10018
(212) 764-7250
*on W38th St. between 8th and 9th Avenues, walking distance from Port Authority, Times Square, and Penn Station
Banks Paying Cash to Homeowners to Avoid Foreclosures
/in Foreclosure & Loan Mod Blog /by Scott LaninBanks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe. Here’s the story.
I’d suggest caution for any homeowner that is approached with a settlement offer from a lender. It would be wise to have an attorney review it first to determine exactly how it affects the debt and what rights are being waived.
Old Mortgages Rise From The Dead, Haunt Homeowners
/in Foreclosure & Loan Mod Blog /by Scott LaninMSNBC.com has this interesting article about old mortgages, dysfunctional banks and wrongful foreclosures.
New York’s Commercial Division – Electronic Filing
/in NY Business Litigator Blog / NY Real Estate Litigator Blog /by Scott LaninNew York Supreme Court’s Commercial Division changed to mandatory electronic filing last year. It is a good system and has made filings easy to do and to prove. The State Courts are finally catching up with the Federal Courts. I have been filing papers electronically in the Bankruptcy Courts for years going back to the 90’s. Here is the Court’s notice explaining the requirement.
A Reprieve for Unemployed Borrowers
/in Foreclosure & Loan Mod Blog /by Scott LaninThe NY Times has an article that may interest unemployed homeowners. If you need experienced legal help with your home mortgage, please call or email us.
Loan Modification And Mandatory Foreclosure Settlement Conferences – A Homeowner Without A Good Lawyer Is Asking For A Denial Letter
/in Foreclosure & Loan Mod Blog /by Scott LaninThere are many who think that the Supreme Court’s mandatory foreclosure settlement program is a bust. I have read that in Florida they have discontinued a similar program because it was not working. Here in New York, when I go to court I see so many pro se (unrepresented) homeowners who try to do this themselves. If it is anything like the stats in pro se Chapter 13 bankruptcies filed by homeowners over the last two decades, it is very likely that these pro se homeowners are all doomed to fail in the loan mod system as well. Read more
New York’s Real Property Law Section 282 – How A Residential Mortgagor (A Homeowner With A Mortgage) Can Make The Lender Pay Legal Fees!
/in Foreclosure & Loan Mod Blog /by Scott LaninThis new law passed last year allows a residential mortgagor (homeowner) to recover legal fees against a mortgage lender under certain circumstances. Homeowners in foreclosure should plead a counterclaim under RPL 282 for recovery of legal fees under any one-sided legal fee clause in the mortgage that allows a mortgage lender to recover its fees if it prevails – courts can treat these clauses as mutual and give them reciprocity in favor of the homeowner. Here is the law as of 1/19/12 from the Cornell law library: Read more