LegalFaces.com

---

Why be part of a class action employment lawsuit?

The advantages of being a part of a class-action lawsuit, in simple terms, are that there are power in numbers. And whether you are a 60-year-old vice president at an investment bank, or whether you are a hourly employee who is in charge of serving food at a cafeteria, there are power in numbers. And if you have one competent attorney representing a group of people, that group is a more powerful force against a corporation than one individual. My name is Walker Harmon. I am the managing attorney of The Harmon Firm. If you believe you have been the victim of illegal employment discrimination, we are eager to speak with you. Please give us a call.

tags: employment law class action lawsuits group lawsuit agreements employment agreements attorney lawyer law firm walker harman the harman firm employee employer contracts law workplace employment new york

attorney: The Harman Firm, P.C.

---

Does the bank want to take my home in New York?

The bank wants to take your home in order to sell the home and pay off the mortgage and then it's no longer on the books as a non-performing loan. Years ago, maybe a year or two ago, a bank would relish the opportunity of taking over the property, buying it in at a foreclosure sale, and then selling it to someone else and having a new mortgage on it, but now there are too many houses coming into foreclosure and the banks don't want that inventory. They don't want the property to be non-performing, they want to reach an agreement if they can and have the property continue to pay the bank money. That's their objective now. I'm Carl Person, I'm a New York lawyer, and my job is to help people stay in their homes.

tags: mortgage foreclosure bank action mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

What is the alternative to letting a bank foreclose on my home?

The worst thing that I experience in dealing with the mortgage foreclosure situations is the prospective clients who call me up and tell me their tale of woe: that they have a default judgment, the property is going to be sold, what can they do? I tell them the whole thing of what they should have done. I say, "You should have stopped paying. You should have precipitated a foreclosure action. You should have defended within the 20-day period, and you wouldn't be here now. You would be sitting in your home with a modification. But instead -- because you didn't do anything and the banks were at fault because they talked with you and they made you believe you didn't have to do anything -- you must do something. You have to defend the foreclosure action even though you are talking with a bank. And if you don't do that you are going to make me cry when you call me belatedly three or four months later." I'm Carl Person. I'm a New York lawyer, and my job is to help people stay in their homes.

tags: mortgage foreclosure take action loan modification mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

How long does it take a NY bank to foreclose on my house?

People wonder how long it takes for a foreclosure action to cause them to lose their home. The answer is that if you don't defend you could lose your home in about four months. If you do defend and you lose, you would lose your home in about 14 months. The purpose of defending however, is not to lose your home but in order to reach an agreement in order to save your home. I'm Carl Person, I'm a New York lawyer and my job is to help people stay in their homes.

tags: mortgage default bank action loan modification mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

How can I lower my mortgage interest rate in New York?

There are two ways to lower a mortgage interest rate, as I see it. Number one, is to reach a modification agreement with the bank that has a lower interest rate. Number two, if the bank doesn't agree to that, and yet...and proceeds with a foreclosure action, then you defend. And what agreement the bank was not willing to make with you before the action, after you start defending the foreclosure action, you'd be surprised how quick the bank might be willing to accept that same agreement. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: loan modification lower payment mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

Can I stop paying my mortgage in New York?

Can a person in New York stop paying his mortgage? And the answer is 'yes'. Its very easy, if you can't afford it you have to stop paying and then you invite a mortgage foreclosure action and then you assert your defenses against it and then the bank will have to reach a modification agreement with you if you're able to live within the terms of the modification. For example, you could cut a $4,000 payment down to maybe $3,200. If you can make the $3,200 payment, the bank may be willing to reach the modification agreement to end the lawsuit. I'm Carl Person, a New York lawyer and a fighter to keep people in their homes.

tags: mortgage payments stop paying loan modification mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

When is it smart to stop paying my mortgage in New York?

It's a smart move to stop paying your mortgage in New York when you don't have the money to pay. You have no other choice, so you should stop payment earlier rather than later. Have the bank then bring a forclosure action, you now have fourteen months of additional time for nonpayment of the mortgage, and because of that the bank will want to reach a modification agreement and you should try desperately to reach one that you could live with, and that's the perfect resolution of the case. I'm Carl Person, a New York lawyer, and a fighter to keep people in their homes.

tags: mortgage payments don't pay loan modification mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

What rights do I have against foreclosure in New York?

A mortgage foreclosure proceeding involves rights on the part of the borrower and that is to defend the action with whatever defenses that borrower may have. An unusual defense that I see now, and I don't know if it will work, but it should at least be tried, and that is that the bank, contrary to the expectations of the borrower, quite often has sold the mortgage to a pool and has broken it up so that there is nobody in charge, there's no one that owns the mortgage, and therefore when the borrower runs into trouble they can't call a local bank as in "It's A Wonderful Life" and say I'm in trouble will you give me a break. That is contrary to the expectations of the borrower. I'm Carl Person, a New York lawyer and a fighter to keep people in their homes.

tags: mortgage foreclosure your rights loan modification mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

Who best qualifies for a loan modification?

The person who best qualifies for a loan modification agreement in New York is somebody that is asking for a very slight change and who is capable of paying everything that they promise in the new agreement to pay. But that is not what people want who are facing a huge increase in the monthly payment. They want a huge decrease in the monthly payment. Somewhere between a small amount and a huge amount of decrease is where the negotiations lie. The bank may only be willing to reduce it by $750 a month and the borrower may want a $1,500 reduction per month, so if they can't reach an agreement then court will be the one, once the bank goes into court and you file an answer defending the foreclosure action, the bank is more apt to accept the more onerous agreement. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: loan modification who qualifies? mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

What is a mortgage foreclosure defense?

A mortgage foreclosure defense is a way by which a home owner, that owes money to the bank, can keep the home. Number one, a foreclosure action, at least in New York, takes about 14 months. So in a 14 month period, the borrower is able to stall, hold off and forcing the bank to reach a modification agreement hopefully. So these defenses, however, have to be bonafide. For example, a defense that the mortgage broker and the bank were engaged in fraud and were charging a higher interest rate to the borrower than the borrower should have been paying. Often leading up to hundreds of thousands of dollars a year of extra charges. We can defend and do something about that and stop the foreclosure and that's the kind of thing I am urging people do. I'm Carl Person. I'm a New York lawyer and my job is to help people stay in their homes.

tags: mortgage foreclosure defense NY loan modification debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

Can I prevent a foreclosure from happening to me in NY?

Whether a borrower can actually stop a fore closer forever depends on the facts so that I can't say across the board that a borrower that defends a fore closer is going to win. The victory in many cases is the delay that the borrower needs to be to get his or her own act together and be able to force the bank to accept less money and that is something that at a lower rate of interest the borrower would be able to do and that would bring the property back to performing. The bank wants the property to perform, the borrower wants to remain in the property, the borrower wants to pay a reasonable amount, and this is what a fore closer action and an adequate defense can achieve for all the parties. I'm Carl Person, a New York lawyer, and a fighter to keep people in their homes.

tags: mortgage foreclosure prevention loan modification debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

Are loans modifications common in New York?

In New York, a loan modification is the desire of both sides when you have a forclosure. If you have a forclosure action both sides would really like to see modification if the modification is acceptable, and that will make the property pay for itself once again where the bank will get a monthly payment and the borrower will remain in possession. That's the desire that's the hope for all of these procedings. I'm Carl Person, a New York lawyer, and a fighter to keep people in their homes.

tags: loan modification common in NY? mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

Do I qualify to mount a mortgage foreclosure defense?

If a person is sued in a foreclosure action, they're invited by the summons that they receive to put in a defense. A defense will include various reasons why the bank should not win. Various things they've done wrong and the banks we now know have done many things wrong. Previously, like a year ago, the court probably wouldn't look at half of this. But now the courts are looking at it and we are aware that the banks do wrong in many cases. Some of these wrongs translate into defenses and a lawyer can help the person that sued to maintain those defenses. I'm Carl Person, a New York lawyer and a fighter to keep people in their homes.

tags: mortgage defense foreclosure qualifications loan modification debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

What is my first line of defense against mortgage foreclosure?

When a person feels like there is going to be a crisis coming up because of sickness or loss of job, loss of income, and therefore they won't be able to continue paying their mortgage, they should think ahead of time, maybe even six months in advance, see an attorney and talk with the attorney and see whether it is not appropriate now to stop paying the mortgage and save that money- fourteen months worth of mortgage payments. Use that to defend the action and then to obtain from the bank a modification agreement once they are in foreclosure. I am Carl Person. I'm a New York lawyer, and my job is to help people stay in their homes.

tags: mortgage foreclosure 1st defense loan modification mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person

---

What's most difficult about being a foreclosure attorney?

The difficult thing about my practice is that I represent people in distress, and distress is an economic situation. They have less money. They have less faith. They have...they're scared they are going to lose everything they have, and they come to me and they want me to help them. I can't help everyone that is in that dire circumstance. The best thing they can do is come to a lawyer--me or some other lawyer when they first have a foreclosure action against them. Then we can help them inexpensively and do a much better job than when they come belatedly. Or, they should get in there early and advise them to stop paying their mortgage so that they don't waste their money, and that they can precipitate a foreclosure and a modification more readily by doing it quickly, by stopping payment. That is what people need to know, and they don't know this. Instead, they talk with the bank, and the foreclosure is taking place. The foreclosure is going to happen. The faceless person at the bank does not call up the law firm and stop the foreclosure. They think it happens that way. I don't see it happening that way at all. So, the foreclosure is racing along, and then it's in default. And then they come to me saying that, "Oh my God, I'm gonna lose the property." What these people need to know in advance is that they don't have to lose a property that way, and it is not expensive to defend a foreclosure action if you do it timely. I'm Karl Pierson, a New York lawyer and a fighter to keep people in their homes.

tags: mortgage foreclosure lawyer role loan modification mortgage foreclosure defense debt relief predatory lending foreclosure bankruptcy lawyer law firm attorney Brooklyn Bronx Staten Island Manhattan Queens New York Carl E. Person Carl-Person-Foreclosure-Defense

attorney: Carl E. Person