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Petroff Amshen LLP Blocks Repeated Foreclosure Attempt in New York
Petroff Amshen LLP has achieved a significant legal victory in New York, defending a homeowner from a second foreclosure attempt by a major lender. Utilizing the Foreclosure Abuse Prevention Act (FAPA), the law firm successfully blocked the foreclosure action, reinforcing protections for New York homeowners.
The case originated from a mortgage default in 2008, with a foreclosure action filed in 2014 and dismissed in 2022. In 2023, the lender attempted another foreclosure on the same debt, seeking to bypass the dismissal. Petroff Amshen LLP challenged this under FAPA, which curtails lenders from repetitive foreclosure pursuits.
FAPA offers crucial safeguards against foreclosure abuse, reducing financial stress for homeowners. Petroff Amshen LLP's successful defense highlights the importance of these legal protections, preventing excessive litigation from powerful lenders.
R. H.
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