Provided by the law office of:
Michael Kennedy Karlson, Esq.

Admitted to practice before the Court of New York State
and the Federal Courts of the Southern, Eastern, Western and Northern Districts of New York

        Juris Doctor, Syracuse University School of Law, 1990
        Admitted to practice law before the Courts of the State of New York, 1991
        Admitted to practice before the United States District and Bankruptcy Courts for the
             Southern, Eastern, Western and Northern Districts of New York.

        Since beginning to practice law in 1991 I have handled a wide variety of matters relating to foreclosure and foreclosure-related bankruptcies. What is listed below is just a few examples of some of the work that I have done on behalf of homeowners facing foreclosure. None of this should be misconstrued as any kind of assurance that your case will turn out similarly. Every lawyer who isn't afraid to fight for their clients loses some of their cases. I hate to lose, but it can happen. Any lawyer who tells you they've never lost a case is either lying or is too afraid to take anything to court.

        I have:
  • Successfully Litigated against  the Bank on the Statute of Limitations, and had the Mortgage Expunged from the Public Record. I have done this more than once. (This kind of absolute win is very rare and requires the right circumstances)
  • Had numerous Order to Show Cause signed by a Judge to stay an auction sale,  at least temporarily.
  • Reversed the bank's Sale of Co-op shares AFTER the Auction.
  • Chapter 11 confirmed and successfully completed.
  • Chapter13 confirmed and successfully completed, even in the Eastern District of New York. (The Bankruptcy Trustees there, and one in particular, are tougher than elsewhere.)
  • Had Bankruptcy reorganization plans confirmed for clients with prior bankruptcies.
  • Successfully Defended a Client against claims for $99,000 in third party legal fees by appealing the matter from the US Bankruptcy Court to the United States District Court.
    (Reported case).
  • Successfully Negotiated loan modifications with Lenders, after court action.
  • Successfully Negotiated loan modifications with Lenders without any court action.
  • Successfully Negotiated with Lenders to accept Short Sales (where the Lender agrees to accept less than the full amount owed in full satisfaction of the debt)
  • Successfully litigated the issue of the amount owing.
  • Successfully defended clients against the Lender's claims for legal fees.
  • Successfully negotiated the issue of the amount owing, including getting a Lender with a $180,000 judgment to accept $60,000.
  • Successfully gotten cases dismissed (including eviction & foreclosure).
  • Successfully gotten properties out of HPD's Third Party Transfer Program.
  • Initiated Third-Party actions against loan brokers and others involved in refinancings where money has gone missing. 
  • Defended spouses and co-signers from liability.
  • Won many other cases that are not related to foreclosure.

        Home                                                                        Bankruptcy Options       
                                                                                          All the Chapters

        Stages of Foreclosure                                                Scams to Avoid
        From polite reminders through eviction

        Special Types of Foreclosure                                    Negotiated Settlements 
         Co-op's, Real Estate Taxes, JER, XSpand                Loan Modifications, Reinstatements,
                                                                                            Short Sales, Deed-in-Lieu