New Yorkers to get legal aid for foreclosures

TRD New York /
Feb.February 16, 2011 11:34 AM

New York Court officials outlined procedures yesterday to ensure that homeowners facing foreclosure are represented by a lawyer, a change that could give tens of thousands of families a better chance at saving their homes, the New York Times reported. Criminal defendants are guaranteed a lawyer, but New York will be the first state to try to extend that agreement to foreclosures. Only the banks have lawyers in more than half of the 80,000 active foreclosure cases in New York. “It’s such an uneven playing field,” said Jonathan Lippman, the state’s chief judge. “Banks wind up with the property and the homeowner winds up over the cliff, on the street. It doesn’t serve anyone’s interest, including the banks.”

This would also benefit the courts by making foreclosure proceedings more efficient, Lippman said. Under the procedures, which will be put in place in Queens and Orange counties in the next few weeks and across the state by the end of the year, any homeowner in foreclosure who does not have a lawyer will be supplied one by legal aid or other pro bono groups. Lippman is requesting a $100 million increase in legal services programs spread over the next four years. Current financing for legal services in New York is about $200 million a year. According to Donald Saunders, director of the civil division of the National Legal Aid and Defender Association, New York’s action “will shift the debate.” He added, however, that fiscal realities could trump other considerations. [NYT]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Paul Singer of Elliott Management (Getty; iStock)

Billionaire Paul Singer dumps NYC for West Palm Beach

Billionaire Paul Singer dumps NYC for West Palm Beach
Mayor Bill De Blasio and HPD Commissioner Louise Carroll (Getty; HPD; iStock)

De Blasio restores $466M to housing capital budget

De Blasio restores $466M to housing capital budget
Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss

Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss

Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss
Data on third quarter CRE investments suggests a nationwide improvement, but Manhattan has been slow to recover (iStock)

NY falls behind Dallas, LA in CRE investment as deals surge nationwide

NY falls behind Dallas, LA in CRE investment as deals surge nationwide
Eric Wu (Photo by Aaron Wojack)

This man wants to make your home a commodity

This man wants to make your home a commodity
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...