Schenectady Foreclosure Lawyer Serving Debtors in Upstate New York
Saving your home from wrongful foreclosure
You worked hard to purchase your dream home. When unexpected circumstances occur that put your property at risk of foreclosure, you can take crucial steps to ensure your lender complies with its legal duties. Attorney Christiaan van Niekerk protects homes in Schenectady, Albany and Saratoga from foreclosure for individuals and families, combining innovative strategies with fierce determination to defend your right to keep your home.
Foreclosure defense strategies
Mr. van Niekerk fights banks to protect your home from wrongful foreclosure by challenging the legality of the proceedings. If necessary, he can help you file a Chapter 13 petition to stop the foreclosure action.
If your home has dropped in value to below your outstanding loan amount or you no longer can afford your monthly payments under your current mortgage, you may be eligible for a loan modification. Mr. van Niekerk negotiates with your bank to have the terms of your original loan permanently changed to reduce payments to an amount you can afford.
Forbearance gives you a temporary reprieve from making payments on your loan while your lender agrees not foreclose on your home during the forbearance period. The arrangement can give you a much-needed break if you have fallen behind in your payments.
During the real estate bubble, many homes were overvalued and mortgages were issued based on these inflated prices. Home values plummeted and now many homeowners owe more on their properties than they are worth. With no equity in their properties, these homeowners have found themselves stuck in a cycle of debt from which they cannot extricate themselves. A short sale allows you to sell your home for less than the amount you owe on the loan. The bank avoids the expense and time for foreclosure and you can walk away from the oppressive debt.
Deed in lieu of foreclosure
Much like a short sale, a deed in lieu of foreclosure allows you to relinquish your interest in your home for the amount of the loan by exchanging your deed for the loan cancellation. Mr. van Niekerk negotiates with your lender and meticulously prepares the agreement to ensure you do not lose your home and still remain saddled with the loan, but instead you are truly relieved of the debt.
Debt relief made easy. Contact our firm for a free case evaluation.
Hiring a compassionate, knowledgeable foreclosure defense lawyer greatly simplifies the process of trying to keep your home in New York. Christiaan van Niekerk helps clients fighting foreclosures, modifying loans and filing for bankruptcy in Schenectady and the surrounding areas. Reach out to us online or at 518.641.1626 to discuss your goals and how Mr. van Niekerk can help you.