Pursuant to the Orders of the Governor and the Chief Judge of the State of New York, scheduling of residential foreclosure auctions may recommence starting October 15, 2020. Although the suspension of residential auctions has been lifted, two conditions must be satisfied before auctions can be scheduled: (i) each judicial district must announce new protocols for conducting auctions; and (ii) a “Covid conference” must be held on each case to assess whether Covid has impacted the parties and whether settlement is viable. Unfortunately not all judicial districts have released their new protocols and the Courts have been slow to schedule conferences for post-judgment cases. While these conditions continue to delay foreclosures sales, we are actively engaged with the Courts in an effort to confirm the new auction rules and to expedite the scheduling of sales.
For any questions, please contact Deborah Gallo, Esq, Director of Operations at email@example.com.