Upstate NY Wrongful Foreclosure Lawyers
Due to nationwide economic conditions, the number of mortgage foreclosures has remained abnormally high. As a result of this crisis, banks and mortgage companies often take aggressive steps to seize the properties of delinquent homeowners, including locking homeowners from their properties and hiring contractors to clean out their homes. Some banks have committed serious errors during the foreclosure process.
Unfortunately, on occasion, although a struggling homeowner has been able to satisfy their debt and avoid foreclosure, the loan servicer fails to act in time, and neglects to promptly halt a foreclosure process or to stop a hired contractor from seizing the homeowner’s property. There have been reported instances of wrongful foreclosures, even when a homeowner has no loan with the bank, is up to date on all mortgage payments, or is in full compliance with a valid loan modification agreement. This results in what is known as illegal trash-out cases. Courts have treated such claims harshly and have awarded the victims of these losses with the value of the property lost, as well as punitive damages.
The personal injury lawyers at Maynard, O’Connor, Smith & Catalinotto have successfully represented victims of such wrongful foreclosure / illegal trash-outÂť cases in New York Courts and have the experience and expertise to handle this complex litigation against banks who cannot seem to get it right. Our offices serve communities throughout Upstate New York, with three convenient locations in Albany, Johnstown and Saugerties.
If you feel your rights have been violated by a wrongful foreclosure, Maynard O’Connor can evaluate your claim and potentially help you seek economic compensation for the bank’s wrongful action. Give us a call today atÂ (800) 721-3553 orÂ contact us onlineÂ to schedule your FREE consultation today.