When creditors seek to enforce their rights against “financially challenged” debtors, the defendants may attempt to put off what frequently is the inevitable result by appealing trial court rulings. As recent decisions by the Appellate Division, Second Department, and the U.S. Court of Appeals for the Second Circuit in cases commenced in Long Island courts make clear, however, creditors with suitable documentation who follow appropriate procedures are likely to obtain the relief they seek – so long as they have not excessively delayed bringing their actions in the first place.
Mortgage Foreclosures
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