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If you are a homeowner facing foreclosure in New Jersey, it is important that you understand how the foreclosure process works. This article will outline the general steps in foreclosures in NJ and hopefully answer some common questions. Every situation is different,...
It is very scary when you can’t pay your mortgage and might lose your home in a foreclosure in NJ. The stress of this situation can lead you to make mistakes-either by not doing anything, or by doing the wrong things. Below are 8 tips on how to avoid foreclosure in...
Individuals Can File Chapter 11 Bankruptcy Contrary to popular belief, Chapter 11 Bankruptcy is not just for businesses. Individuals can file bankruptcy under Chapter 7, Chapter 13, or Chapter 11 of the Bankruptcy Code. Individuals usually only file Chapter 11...
Bruce H. Levitt, partner at Levitt & Slafkes, P.C. recently achieved a major victory in the New Jersey Appellate Division on behalf of clients who had lost their house to a tax lien foreclosure. The Appellate Court, in the case of BV001 REO Blocker v. HB (USA)...
As experienced foreclosure defense attorneys we are often asked if homeowners facing foreclosure should hire a foreclosure attorney to help them avoid foreclosure and keep their home. While you can defend yourself against a foreclosure without an attorney, our...
Small business owners put their heart and soul into starting and maintaining their small businesses. The COVID-19 pandemic has had a significant and unfortunate impact on many small businesses. If your small business is struggling with debt, filing for bankruptcy...
If you’re drowning in debt, filing for bankruptcy may be the best solution for getting your finances back on track. You may wonder, however, what type of bankruptcy is right for you. While there are other kinds of bankruptcy, most individuals file under either Chapter...
For many people, the word “bankruptcy” has a negative connotation. However, bankruptcy can be extremely beneficial, as it can provide the relief you need to regain control of your financial situation. Bankruptcy is a complicated legal process, and there are some...
If you’re a New Jersey homeowner facing foreclosure, you’re certainly not alone. In fact, New Jersey has among the highest foreclosure rates of any state in the country. Because of the current moratorium on evictions and foreclosures during the COVID-19 pandemic,...
In today’s economy, renting an apartment or home is quite common. Nearly 40% of people in the United States are renters, and many of them are facing financial hardship. If you have lost your job or are experiencing other financial difficulties you may find yourself...
