Purpose of the Law On July 10, 2024 Gov. Phil Murphy signed into law a major revision of the New Jersey tax sale foreclosure process. The purpose of this revision is to help homeowners preserve some of the equity that they would have lost in the tax sale foreclosure...
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What is a Zombie Mortgage and How Can You Fight Back if You Have One?
What is a Zombie Mortgage? Did you think your second mortgage, home equity loan or home equity line of credit was written off and then suddenly had it reappear from the dead after many years? If so, you may have what is called a zombie mortgage. This can be...
Am I Entitled to Surplus Funds After a NJ Foreclosure?
Introduction If you are a homeowner facing foreclosure, the experience can be very overwhelming and upsetting. There is, however, a little known process that can give you some hope—recovering surplus funds. If your property sells at Sheriff Sale for more than you owe,...
Attorney Bruce Levitt Vacated Another Tax Lien Foreclosure and Helped a Senior Get Their House Back
Bruce Levitt, of Levitt & Slafkes is pleased to announce a victory in the case of Techbiz Solutions, Inc.,vs. Beverly Patton, in which he successfully vacated a tax lien foreclosure judgment which allowed our client to get back her home. In New Jersey, homeowners...
Tax Lien Foreclosure Update
This blog will discuss an important new case in New Jersey in the area of tax lien foreclosure. This case can be helpful to New Jersey property owners who have recently lost their property in a tax lien foreclosure. Imagine you own a house worth almost...
How Long Do I Have to Answer a Foreclosure Complaint in New Jersey?
A common question we receive is, ‘how long do I have to file an answer to a New Jersey foreclosure complaint that I have been served with.’ This blog will answer that very important question. How Does a New Jersey Foreclosure Action Start? A foreclosure action begins...
What is a Notice of Intention to Foreclose in New Jersey?
Have you recently received a Notice of Intention to Foreclose? If yes, this is likely a very stressful time for you. It is nevertheless important that you understand what is happening and do what is necessary. The first thing to know is that you should take any...
10 Things You didn’t know about the NJ Foreclosure Process
The foreclosure process in NJ can be very confusing and scary. In the more than 30 years that we have helped people save their homes, as foreclosure attorneys in NJ, we have been asked many questions about the NJ foreclosure process. This blog will address 10 of the...
If My Home is Sold at a Sheriff Sale in New Jersey Can I Get it Back?
The right of redemption allows you to get back your home after a sheriff sale. NJ Sheriff’s Sales Have Resumed NJ Sheriff Sales on residential property were on hold since the beginning of the COVID-19 pandemic. As of September, 2021 Sheriff Sales have resumed in...
Sheriff Sales Have Resumed in New Jersey
You Can Stop the Sheriff Sale & Save Your Home Since the beginning of the COVID-19 pandemic, every County Sheriff in New Jersey stopped conducting sales on non vacant residential properties. Beginning in September, 2021 Sheriff Sales on all residential properties...