Bathgate, Wegener, & Wolf Partner, Ryan S. Malc, Esq., successfully represented a private mortgage lender in a long battle to recover the balance due on a mortgage that went into default in 2006, just two years after the loan was given. Over the course of 16 years since the loan went into default, the client made several attempts to collect the overdue balance, including the retention of two other law firms. In January 2022, the client finally came to Mr. Malc for assistance. Mr. Malc sent a demand letter to the debtor, followed by a foreclosure complaint. In just 5 months, through decisive litigation and negotiation strategies, Mr. Malc was able to recover the full balance due on the defaulted mortgage, which amounted to over $350,000.00. Mr. Malc also recovered all his attorneys’ fees from the debtor.
If you are a borrower having trouble with your lender, or a lender having trouble with your borrower, contact Ryan Malc at 732-363-0666 Ext 254, or send him an email at rmalc@bathweg.com..
