Foreclosure Sale Stopped In Suffolk County

The Law Offices of Erin E. Wietecha successfully stopped the foreclosure sale of a property in Suffolk County. First, our client’s sale was canceled due to the automatic stay that went into effect when we filed a Chapter 7 bankruptcy case. Next, even though the judge assigned to our case does not conduct loss mitigation, we submitted a loan modification application after the borrower was discharged from his obligations on the note. This resulted in the cancellation of the sale that was re-noticed for October 2019. The borrower how has time to negotiate with the bank for a potential loan modification which will allow him to keep his home. Email us to find out more about bankruptcy, loss mitigation and stopping a foreclosure sale.