Predatory Lending

Brooklyn and New York City Bankruptcy Lawyer

For over a decade, the Law Offices of David I. Pankin have been protecting the legal rights of consumers. As part of our consumer protection practice, we represent victims of predatory lending. Many of these victims have been defrauded by mortgage lenders and brokers, placed in mortgage loans they cannot afford, paid excessive fees and closing costs, or never received proper disclosures regarding the terms of their loan. Unfortunately, many of our clients faced foreclosure because of the predatory lending tactics of the mortgage lender or broker involved in the transaction. Contact our office by phone at 866-372-0591 to arrange for your free initial consultation.

New York and Long Island Bankruptcy Attorney

Predatory lending is a term commonly used to describe the unconscionable lending practices of a mortgage lender or broker, often in the subprime market. Typically, because of predatory lending, a borrower is placed into an unfair loan with abusive lending terms. The lender is required to send out certain disclosures in a timely manner. The APR and interest rates must have been disclosed properly. Our firm will review all your loan applications, paperwork, and documentation to ensure the lender has met its fiduciary responsibility. In addition, we investigate for violations of the Unfair Deceptive Practices Act and any possible fraud that might have taken place.

If we discover that you were a victim of predatory lending, we will fight vigorously on your behalf by suing the lender and all other responsible parties. Our office has considerable experience representing clients with their predatory lending civil litigation matters, and we take pride in our ability to obtain fair and winning results for our clients.

Dedicated to protecting YOUR rights

If you feel you have been unfairly taken advantage of by a mortgage lender or broker, do not sit back and accept it. Contact our office by phone at 866-372-0591 to arrange for your FREE initial consultation and see how we can help you with your predatory lending legal issues.