FORECLOSURE ATTORNEY: Overview and Fees (Updated!)

foreclosure attornney

It is everybody’s dream to own a house, but a foreclosure notice tends to cut that dream short. The good news is, foreclosure can be averted, or at least postponed, with a foreclosure attorney. Whether in New Jersey or in New York, a foreclosure attorney is just what you might need to secure your home. A foreclosure attorney helps home owners, with their expertise, to use their rights as home owners to prevent a foreclosure from happening, or postpone the foreclosure, as the case may be, for a fee.

Usually, homeowners have homeowner rights, and it is the duty of the foreclosure attorney to see that the rights are not being violated. When a situation is brought to a foreclosure attorney, he analyses the situation and provides a possible solution in a way to favor both parties. However, as nothing goes for nothing, your attorney will render his service for a fee. We’ll give you a guide on what foreclosure attorneys do, the fees they charge, and of course, quick links to get to an attorney near you.

Generally, homeowners are faced with the challenge hiring a foreclosure attorney, probably due to the cost, or due to the location. Whatever the case, finding a foreclosure attorney is not so much of a hard nut to crack.

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How much does a Foreclosure Attorney Cost?

Before requesting the services of a foreclosure attorney however, you must confirm that you need one. Hiring a foreclosure attorney comes at a cost or rather fee. The fees vary depending on the location, and there are three major ways by which foreclosure attorneys can be paid:

#1. Foreclosure Attorney Hourly Fee

Your attorney might decide to charge you for the number of hours he works on your case, which may be $100-$500 hourly for a period of 5 hours. In this case, an initial fee, called a retainer fee, is paid, before he can start working on your case. 

#2. Foreclosure Attorney Flat fee

Your attorney might decide to bill you a flat fee, ranging from $2000-$4000. The beautiful thing is that you won’t have to pay the extra costs with time, but most attorneys do not charge a flat fee.

#3. Foreclosure Attorney Monthly Fee

Your attorney can charge a retainer fee, after which he will be paid about $500 monthly for representing you. A subsequent fee known as a contingent fee is also paid after the case must have been settled.  Your lawyer will also charge you for extra costs like traveling expenses, court expenses, and calls.

However, you must be aware that a lot of people pose as foreclosure attorneys just to extort money from unsuspecting individuals. Therefore, you should make the necessary inquiries before hiring a foreclosure attorney.

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Foreclosure Attorneys in New York

Here’s a list of some foreclosure attorneys in New York

#1 Scott L. Lanin.    

Scott Lanin is the managing director of the Lanin Law P.C. He is an award-winning foreclosure attorney based in New York. 

With many years of experience, Mr. Lanin provides unmatched representation and support to homeowners who may be facing foreclosure throughout New York City, and across the state. He has achieved considerable success assisting his clients with protecting their rights and interest in the face of creditors.

His contact details are as shown below: Lanin Law P.C 505 Eight Avenue, Suite 1402 New York, NY 10018 Website: https://www.laninlaw.com Phone: 332-322-0579 Fax: 646-381-3643

#2 Adam C. Wilner

A partner with the Greenberg and Wilner law firm in New York, Adam C. Wilner has attained over 19 years of legal experience in foreclosure. He is fully committed, as an attorney, to protect the rights of clients who receive a notice of foreclosure.

He devotes his time and resources to helping his clients achieve the most favorable outcomes for their situations effectively, striving to help his clients resolve their disputes and reach agreements through negotiations whenever possible.  Contact him today: Greenberg and Wilner LLP 60 East 42nd Street, Suite 4000 New York, NY 10165 Visit: https://www.greenbergandwilner.com

Phone: 212-953-2300 Fax: 212-986-5994

#3 Michael H. Schwartz

Micheal H. Schwartz is the founder of a White Plains, New York-based law firm. With many years of experience, Mr. Micheal has made a mark in the legal profession when it comes to foreclosure defense law. He has handled a wide range of foreclosure cases and knowing this you can be sure of being represented well. Contact him: Michael H. Schwartz, P.C. One Barker Avenue, 2nd floor White Plains, NY 10601 Visit: https://www.NYLegalHelp.com Phone: 914-517-0932 Fax: 914-997-0536

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Foreclosure Attorneys in New Jersey

Here are some foreclosure attorneys in New Jersey:

#1. Todd M. Galante

The principal attorney of Piro Zinna Cifelli Paris and Genitempo, LLC in Nutley, New Jersey, Mr Galante has made tremendous impact on foreclosure law. With many years of experience, he is a good call when it comes to handling foreclosure cases.

Contact him @ Piro Zinna Cifelli Paris & Genitempo, LLC 360 Passaic Avenue, Nutley, NJ 07110 Website: https://www.pirozinnalaw.com Phone: 973-661-0710 Fax: 973-661-5157

#2 Jennifer L. Alexander

Jennifer Alexander is a partner at Griffin Alexander, P.C. She is an attorney that has gained a level of competence in foreclosure law. With her expertise, she helps her clients obtain effective and efficient resolutions in foreclosure cases.

Contact her:      Griffin Alexander, P.C. 415 Route 10 East, 2nd Fl Randolph, NJ 07869 Visit: http://www.lawgapc.com Phone: 973-366-1188 Fax: 973-366-4848

#3. Sydney Darling

Being an attorney at Walsh Pizzi O’Reilly Falanga LLP, Sydney Darling has helped people win cases dealing with foreclosure. She has assisted her clients with other cases including Business Litigation and Real Estate.

Contact: Walsh Pizzi O’Reilly Falanga LLP 100 Mulberry St, 15th Floor Newark, NJ 070102

Conclusion

Hiring a foreclosure attorney is not an easy process. Due to the restrictions caused by the covid-19 pandemic, many lawyers who have been displaced from their jobs pose as foreclosure attorneys. That’s why it is important to make the necessary inquiries before choosing your attorney. It is equally important to note, however, that your attorney uses your rights to make negotiations and plead your case against your creditors, therefore, you must have a good cause for seeking a foreclosure attorney. Wish you the best of luck!

DISCLAIMER!

This article should NOT serve as a guide, it’s solely for informational purposes. We thereby emphasize that Businessyield do NOT endorse any of the attorneys listed above. They are subject to your choice of decision and verification. We are not sponsored by any of the law firms and the information provided here is to the best of our knowledge.

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