Tag: nassau county

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Free Foreclosure, Loan Modification and Bankruptcy Assistance

Free Foreclosure, Loan Modification and Bankruptcy Assistance The following article appeared in Today’s New York Newsday: Nassau County homeowners at risk of losing their homes can get free housing and legal advice on Monday, Oct. 1. The Nassau County Bar Association will hold its monthly foreclosure clinic from 3 to 6 p.m. at its headquarters […]


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Foreclosures and Loan Modifications Up

Foreclosures are Increasing Foreclosures are increasing. According to several recent news articles and reports,  it appears that foreclosure actions are once again on the rise. Fortunately, we have noticed much of an increase in foreclosure actions being brought.  At any rate, this is still troubling news. Loan Modifications are up. At least in our office, […]


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Purchasing a Small Business

Purchasing a Small Business Purchasing a Small Business? Recently, there have been a number of clients who have had questions about purchasing a business.  There seems to be a few misconceptions regarding the types of agreements and the resulting tax consequences for each.  The first thing that should be stated is that the agreement being […]


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Settle 2nd Mortgage for 10% of amount owed?

Settle  Your Second Mortgage Settle your second mortgage for 10% of the loan amount owed? Let’s say you owe 90k on your second mortgage and the bank is willing to accept 9k in full satisfaction. Not bad, right? Well, we have heard of such an offer! Generally, we would want to consider any issues or […]


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I-485 Adjustment of Status

I-485 Adjustment of Status Recently, we have been receiving questions concerning the adjustment of status requirement for obtaining a Green Card.  When applying for a Green Card, you must first adjust your status from that of non-immigrant to permanent resident of the United States by filing an I-485 Application.  Where one files is determined by […]


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Same Sex Marriage in New York

Same Sex Marriage in New York As I am sure you have all heard that New York has become the most recent state to allow same sex marriage (which was long overdue).  There may be some “old” concerns for “new” couples hoping to take advantage of the new law.  Issues of pre nuptial and post […]


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More Loan Modifications?

This year, much to our delight, several of our foreclosure defense clients have received acceptable loan modification offers from their respective lenders. What’s most pleasing is that these clients had been rejected, on several occasions for some,  or they were previously offered an unacceptable, unaffordable loan modification. Last year, we found loan modifications hard to […]


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Facing foreclosure, should I consider bankruptcy?

Yes. Why? Because the longer you wait to file bankruptcy, the more difficult it may be to save your home. But the bank might modify my mortgage. Sure, but what if the bank doesn’t modify your mortgage. While you wait for a potential loan modification – your mortgage arrears and the interest are piling up. […]


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Chase MIGHT pay you 20k to short sale

“We would like to talk with you about the possibility of selling your home for less than the amount you owe. If we agree on a lower sale price and a few other terms and you sell your house for that amount before foreclosure, you will get $20,000.” That is what it states in a […]


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Stop paying my second mortgage?

Can you stop paying your second mortgage? Sure. Should you stop paying your second mortgage? Maybe not. The prevailing theory is that if your home is worth less than what you owe on your 1st mortgage it is highly unlikely that the holder of your 2nd mortgage will bring a foreclosure action against you. Well, […]


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