One of the most important things for you to understand when moving through a foreclosure process is that there are going to be a tremendous amount of things coming at you all at one time, creating situations that can overwhelm you in an instant if you allow them to.
The most important thing for you to do is successfully manage your emotions, completely control your stress levels, anxiety levels, and pressure levels to the best of your ability – all while relying on the help and assistance of your foreclosure lawyer to do the bulk of the “heavy lifting” for you.
This is especially true when you have receive a notification in regards to a deficiency judgment – and almost ancillary issue that can be “tacked on” to foreclosures. This is going to skyrocket your stress and anxiety levels if you allow it to, something that you need to avoid at all costs.
What exactly is a deficiency judgment anyways?
Long Island foreclosures are different and distinct from foreclosures that happen all around the country and a number of different ways, but they are specifically different in whether or not you can receive a deficiency judgment when you are dealing with a foreclosure process.
Though most areas disallow lenders or creditors to hit you with a deficiency judgment if they have filed for a foreclosure, Long Island foreclosures are not protected from that. If it is found that you are unable to pay a mortgage in full due to insufficient funding, the odds are fantastic that you’re going to receive a deficiency judgment – something that can further complicate the foreclosures process.
How to successfully navigate in this situation
Obviously, the best way to successfully navigate this situation is with the help of a foreclosure attorney you can trust. The experts at Blutter & Blutter have been providing their services to the community for 55+ years, and continue to do so day in and day out. They also enjoy the very best reputation in the community for these kinds of services, especially when it comes to mortgage modification, deficiency judgments, and other procedures that require an expert oreclosure defense attorney.
If you are interested in seeing whether or not they’ll be able to help you, make sure you contact their legal offices at your earliest convenience to schedule a free appointment.