Attorney Arthur Blutter Discusses Steps in the Foreclosure Process

(Newswire.net — July 29, 2015) Plainview, NY –Long Island foreclosures are on the rise, but what many Long Island residents do not realize is the majority of foreclosures can be successfully fought. The attorneys at Blutter & Blutter provide more than 55 years of experience in dealing with Long Island real estate foreclosures. Attorney Arthur Blutter recently discussed the steps involved in the foreclosure process, including foreclosure defense, judicial intervention and mortgage modification. By hiring a foreclosure defense attorney, homeowners may be able to save their homes and forestall the foreclosure process, particularly if they understand the steps in this process thoroughly and have the help of a seasoned lawyer with experience in fighting foreclosure actions.

Mr. Blutter explained, “The first step in the foreclosure process requires the bank to send a summons and complaint to the defendant who is late on payments for their mortgage debt. In 95 percent of foreclosure cases, an attorney is retained to write the response to the bank. The defendant is required to submit an answer to the summons within 20 to 30 days.” It is very important for homeowners to be aware of time limits, as their cases may hinge on complying with court orders within a specified time period.

The next step is taken by the bank, Mr. Blutter explains. The bank must file an Affidavit of Service with the court, stating that the defendant has been served. The bank will then request judicial intervention, which is the bank requesting that the courts take the case.

Step three is an attempt to provide a mortgage modification, Mr. Blutter says. However, before a mortgage can be modified, the court, bank and mortgager must first all agree on terms. With the help of a foreclosure attorney, homeowners may be able to modify the terms of their mortgages to obtain more manageable payments.

The laws surrounding foreclosure provide that homeowners cannot have their property taken without due process. Blutter & Blutter as seen at http://www.blutter.com/bankruptcy/everything-you-need-to-know-about-long-island-bankruptcy-lawyer/ has been providing help to clients who are facing foreclosure for many years. Blutter & Blutter continues to fight for their clients in order to give them the best possible chance of keeping their homes.
For more information on Blutter & Blutter visit http://www.blutter.com.

About Blutter & Blutter: Blutter and Blutter is a law firm in Long Island that handles bankruptcy, foreclosure and tax law cases. The attorneys practicing at Blutter and Blutter successfully and consistently provide clients with over 55 years of service.

 

For More Information:
Arthur I. Blutter