New York City Foreclosure Defense Lawyers
Foreclosure laws are very complex, and it is common for lenders to have made an error in the process. Such mistakes often include timing or giving notice – and this may lead to a foreclosure defense. Statute of Limitations for a Mortgage Foreclosure A common defense to a lender’s attempt to foreclose involves the statute of limitations, which governs the time that a lender can pursue a foreclosure after the homeowner stops making mortgage payments. If the lender does not meet the statute of limitations, the foreclosure action can be dismissed on that basis alone, allowing the defendant to win the statute of limitation defense. https://www.justia.com/foreclosure/defenses-to-foreclosure/statute-of-limitations/ A foreclosure action must be presented in the Supreme Court in the county in which the property is located. Every state has its own statute of limitations for a mortgage foreclosure action. New York’s CPLR §213 provides a six-year statute of...