Mitch LI Law Firm 631-994-8937

Foreclosure Defense

Is it too late to do anything?

Almost never as late as it feels. New York foreclosures are judicial and slow, with mandatory settlement conferences built into the process, and there are usually more options at each stage than a homeowner realises. The one thing that genuinely hurts is not answering.

New York foreclosure stages, from pre-foreclosure notice to sale Where the time actually goes1Pre-foreclosure noticeat least 90 days before filing2Summons & complaintfiled, then served3Settlement conferencemandatory for owner-occupied homes; often adjourned4Litigationanswer, motions, discovery5Judgment & salereferee conducts the auctionTHIS IS THE SLOW PARTNew York builds it in on purpose.
New York is a judicial foreclosure state. The lender has to sue, and for an owner-occupied home the court holds a mandatory settlement conference before the case can move on. That conference stage is usually where the months go.

What this covers

  • Answering a foreclosure complaint
  • Mandatory settlement conferences
  • Loan modification applications
  • Standing and procedural defences
  • Short sale and deed in lieu

When it is worth a call

  • You have been served with a foreclosure summons and complaint
  • You have fallen behind and want to know the options before it is filed
  • A settlement conference is scheduled

What colleagues and clients say

I trust Mitch to handle all of my real estate transactions as my Of Counsel and he always comes through and often produces results I never imagined.

Oshrie ZakFounder & Managing Member, Zak Law Group
General Counsel

I found Mitch when he jumped on a conference call that my boss and I were on with the landlord and his attorney for a prospective new location. Within minutes, he cut through all the BS and uncovered a treacherous situation we almost walked into. Immediately after the call, I told my boss, "We need this guy as our General Counsel." The rest is history.

Viviane NeivaDirector of Operations, The Lagos Group

I am Outside General Counsel for the Lagos Group, which consists of one restaurant in the heart of Times Square called Lagos TSQ, one in Harlem called Native and two restaurants in Brooklyn called Native.— Mitchell S. Drucker

Civil

It was totally like out of a movie — Lincoln Lawyer — the way you schooled them… They had no idea… We will definitely do more business. It was the best money we ever spent.

Gina MilanoEntrepreneur
Trust

Mitch is an exceptionally skilled attorney whose professionalism, strategic approach, and command of the law were evident throughout all issues presented to him. Over the course of nearly two decades, I have confidently used Mitch’s services ranging from real estate transactions, to collections, to wealth management, to other personal matters; all handled with confidence and service that has never wavered. What particularly stood out was his attention to detail, responsiveness, and ability to balance a strong legal strategy with genuine consideration for his client’s concerns and objectives. He has an impressive ability to evaluate complex legal issues, anticipate potential challenges, and explain available options in a way that is both comprehensive and easy to understand. Mitch’s combination of legal knowledge, sound judgment, effective communication, and dedication to his clients makes him an attorney I would confidently recommend to anyone seeking sophisticated and reliable legal representation.

Shuriz HishmehORTHOPEDIC SURGEON AND ATTORNEY AT LAW, PRIVATE LENDER AND INVESTOR

Prior results do not guarantee a similar outcome. Every matter is different and depends on its own facts.

Talk it through with Mitch

Bring the situation, not a diagnosis. A short conversation usually makes the next step obvious.