If you are facing foreclosure, the Civil Procedure Law and Rules 3408 Conference is your opportunity to meet face to face with a representative from your lender. It is scheduled by the clerk of the court 60 days after the lender files suit for foreclosure. When this occurs, it is vital that you are represented by an attorney to make the most of this chance to save your home.
At James J. Quail & Associates, P.C., our Massapequa real estate attorneys provide you with the knowledgeable representation that you need during your CPLR Rule 3408 Conference. Call us at (516) 246-2449 to learn more.
At a CPLR Rule 3408 Conference, your lender is required to send a representative authorized to deal with you on the issues of your foreclosure. The representative is required to bring documents relating to your loan including the exact pay-off amount.
This is a settlement conference run by a judge for the purpose of helping you avoid foreclosure. The lender is expected to negotiate in good faith and to be willing to discuss lowering your monthly payments and loan amount.
The legal team at James J. Quail & Associates, P.C. has represented many clients at CPLR Rule 3408 Conferences with successful results. Our Massapequa real estate attorneys are skilled at helping clients negotiate a loan modification for lower payments and overall loan amount. When clients are unable to make modified loan payments, we work to protect them from deficiency judgments by working out a deed in lieu of foreclosure or short sale agreements with lenders.
Contact a Massapequa foreclosure lawyer at our firm for effective help at your CPLR Rule 3408 Conference. Schedule your free 15-minutes consultation today.