Legal Question in Credit and Debt Law in New York
sale date pending
Hello, I am behind in payments on
my mortgage for six months. I have
not contacted Chase bank at all out
of fear. Today I received a letter from
a law firm saying my co-op apt will be
sold at auction end of July. This feels
like such a short time span. Is there
anything I can do? I have a lawyer
who I believe did not send letters to
the bank. Please help I am a nervous
wreck. Thank you so much for your
help.
2 Answers from Attorneys
Re: sale date pending
It is impossible to help you in this manner. An attorney would look at several options such as 1. How much equity is in the apartment? 2. What is your income? 3. How much debt do you have other than the bank? These answers will determine your next step, whether it is a work-out with the bank or bankruptcy.
Mike.
Re: sale date pending
Michael is correct, you are not giving us much to work with. I would be willing to give you a free consultation, providing you first email me the letter regarding the auction.
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