Foreclosure Actions in New York: Getting to Foreclosure Sale | Practical Law

Foreclosure Actions in New York: Getting to Foreclosure Sale | Practical Law

This Practice Note discusses the procedural steps and best practices for conducting a foreclosure sale in New York after obtaining a foreclosure judgment. The Note also explains the steps to take after the sale, including pursuing a deficiency judgment, applying for recovery of surplus funds, and extinguishing the rights of previously omitted parties.

Foreclosure Actions in New York: Getting to Foreclosure Sale

Practical Law Practice Note w-000-4370 (Approx. 9 pages)

Foreclosure Actions in New York: Getting to Foreclosure Sale

by Brian A. Herman and Simon Chang, Morgan, Lewis & Bockius LLP, with Practical Law Litigation
MaintainedNew York
This Practice Note discusses the procedural steps and best practices for conducting a foreclosure sale in New York after obtaining a foreclosure judgment. The Note also explains the steps to take after the sale, including pursuing a deficiency judgment, applying for recovery of surplus funds, and extinguishing the rights of previously omitted parties.