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Short Sales and Foreclosure

Foreclosure Attorneys in the Bronx

Protect Your Home and Family - Call (718) 514-7886

Due to recent economic woes, many people have found themselves suddenly behind on their mortgage payments. This fact, combined with lenders who are not shy about starting foreclosure proceedings, means that many people find themselves in danger of losing their homes. Because we invest so much in our homes, it can be difficult to see the option that is best for you.

That's Why You Need to Contact Our Firm

What Is a Short Sale?

Foreclosure does not have to be your only option for financial relief. If holding onto your Bronx home is not in your best interests, a short sale can offer a significant opportunity for debt forgiveness.

A short sale occurs when a mortgage lender agrees to accept less than the outstanding loan amount to satisfy your mortgage. A short sale allows both a mortgage lender and property owner to avoid foreclosure by selling the property at a loss.

Working to Help You Keep Your Home

The majority of our clients come to us looking for ways to stop foreclosure actions on their homes. Fortunately, there are options available, including filing for Chapter 13 bankruptcy.

Overall, mortgage lenders prefer to avoid the foreclosure process. It is time-consuming, expensive, and often results in the lender having to assume ownership/management of the property. Much to the benefit of borrowers, this disdain for foreclosure can open up negotiations, including mortgage restructuring and short sales.


Contact us online or call (718) 514-7886 for a free telephone consultation with our foreclosure attorney in the Bronx.


 

Why Choose Park & Nguyen at Law?

At Park & Nguyen at Law, our Bronx foreclosure lawyers understand both the emotional and monetary investment you have in your home. We work closely with homeowners who have fallen behind on their mortgage payments and help them determine whether it is possible to save their home, or whether another option, such as a short sale, may be in their best interest.

Why Call Our Bronx Law Firm?


  • Free & Confidential Consultation
  • 5-Star Reviews from Clients
  • Decades of Legal Experience
  • Custom-Crafted Solutions
  • Attorney Works One-on-One with You
  • Affordable Rates & Payment Plans

Have concerns about foreclosure? Call us at (718) 514-7886 to discuss your options. Our Bronx short sale attorneys offer sound legal advice at affordable rates.


Commonly Asked Questions

What are some common foreclosure defense strategies in Bronx, NY?

Common foreclosure defense strategies in Bronx, NY may include loan modification, negotiation with the lender, challenging the foreclosure process, or filing for bankruptcy to halt the proceedings.

How long does the foreclosure process typically take in Bronx, NY?

The foreclosure process timeline in Bronx, NY can vary depending on various factors, but it usually takes several months to a year or more from the initial missed payment to the actual foreclosure sale.

Can a foreclosure attorney help me avoid losing my home in Bronx, NY?

Yes, a foreclosure attorney in Bronx, NY can help you explore legal options to potentially avoid losing your home, such as negotiating with the lender, pursuing foreclosure defense strategies, or exploring alternatives like a short sale.

What are the potential consequences of foreclosure in Bronx, NY?

Foreclosure in Bronx, NY can have serious consequences, including damage to your credit score, eviction from your home, and potential deficiency judgments where you may still owe money after the foreclosure sale.

Is it possible to stop a foreclosure once it has started in Bronx, NY?

While stopping a foreclosure once it has started in Bronx, NY can be challenging, there are legal avenues to explore such as filing for bankruptcy, seeking a loan modification, or working with a foreclosure defense attorney to halt the process.

What Our Clients Are Saying

    "Peter Nguyen was extremely knowledgeable of my situation and about the process I needed"
    I highly recommend Park & Nguyen to everyone in needed of a firm. Peter Nguyen was extremely knowledgeable of my situation and about the process I needed to take care of my issue. He guided me throughout the entire way and assured that i was taken care of in a professional and sincere manner. I would, without any doubt recommend him and his services to all in need. Without any hesitation I would hire him again if needed.
    - Aurea Rivera
    "If I ever need a lawyer again, there's no hesitation that I will call John Park again."
    If you're ever looking for a GREAT lawyer, John S. Park Is the BEST!!!! He took my accident case back in May 2014. The staff is very friendly and always helpful in answering all your requests. Leandra, one of the secretaries, was always so nice and made sure she had all my documents for my case. John Park is right there with you, by your side and you never have to go through anything by yourself. If I ever need a lawyer again, there's no hesitation that I will call John Park again. THE BEST IN THE BRONX !!!!
    - Sonia
    "A++++ Thank you for all of your services."
    I highly recommend Park and Nguyen if you ever need a good lawyer. The staff is top notch. They were able to allay my worries. A++++ Thank you for all of your services.
    - Maria
    "He treated me with respect, and at the same time helped me understand what I was going through."
    I was dealing with a very difficult time in my life, and Mr. Peter Nguyen made the entire process easy. He treated me with respect, and at the same time helped me understand what I was going through. He also explained what options I had for the future. I highly recommend Mr. Peter Nguyen to all my friends.
    - Pedro
    "He helped me with the entire Process step by step."
    Great Service and Professional staff. I am completely SATISFIED, I highly recommend Peter T. Nguyen. He helped me with the entire Process step by step. I would definitely recommend Mr. Nguyen to all my family and friends.
    - Brenda
    "They are a professional team that came highly recommended by a lawyer friend."
    Thank you to my attorney John Park and his associates for taking me as a client. They are a professional team that came highly recommended by a lawyer friend. She sent me to the right firm. Mr. Park saw my case through and I am very grateful for his services and kindness.
    - Margaret
    "The staff is friendly, kind, and supportive, especially attorney Peter T. Nguyen."
    Park and Nguyen is a wonderful firm. Before my consultation, I felt uncertain and ashamed. After my consultation, I felt reassured and encouraged. The staff is friendly, kind, and supportive, especially attorney Peter T. Nguyen. Mr. Nguyen is informative and reassuring. He was extremely thorough during the process. I highly recommend Park and Nguyen!
    - C. Bond
    "They helped me get my life together."
    I was going through a rough time in my life and was not sure of my options. I spoke with a few lawyers and was given random information. The first time I called Park and Nguyen, I spoke with Ms. Bernice Irizarry. With her knowledge and empathetic personality, she made me feel so comfortable and provided options. I was very pleased with my results and now my mother is working with Park and Nguyen. They helped me get my life together I am so grateful especially Ms. Bernice! She knows what she’s doing and she a GEM!
    - Kishea

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