The Case: After a client's home sustained significant damage during Superstorm Sandy, their mortgage company received the insurance settlement proceeds intended for repairs. However, instead of applying these funds to the outstanding mortgage or releasing them for reconstruction, the lender withheld the money, placing the homeowner in a precarious financial position.
The Outcome: The Law Office of Joseph Albanese stepped in to challenge the mortgage company's actions, fighting to ensure the insurance proceeds were properly accounted for and the client's rights as a homeowner were protected against lender misconduct.
