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Monday, May 7, 2012

''The Long Wait: Surviving Foreclosure in Brooklyn''

From Brooklyn Ink

''For New York residents dealing with foreclosure courts, that feeling isn’t just hyperbole. New York leads all 50 states in the amount of time it takes to go through the foreclosure process.

Foreclosure lawyers and housing advocates say that part of this long wait time is due to the rise in the number of foreclosure settlement conferences, which have been steadily increasing over the last four years in New York. Now cases are taking 10, 12 or even 14 meetings — which translates to months and years deciding the outcome of a single case.''

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