by Levitt & Slafkes, P.C. | Apr 26, 2020 | Foreclosure Saving Your Home
Bruce Levitt of Levitt and Slafkes is proud to announce a victory in New Jersey State Court in the case of BV001 REO Blocker, LLC v. HB (USA) Properties, LLC, Docket No. F-002097-19 (Sup. Ct. N.J. April 17, 2020), where he successfully vacated a tax lien foreclosure...
by Levitt & Slafkes, P.C. | Mar 8, 2020 | Foreclosure Saving Your Home
There is some good news for homeowners who have received and will receive debt forgiveness from their mortgage lenders in connection with mortgage modification, foreclosure or a short sale. The Qualified Principal Residence Indebtedness (“QPRI”) exclusion which...
by Levitt & Slafkes, P.C. | Mar 2, 2020 | Foreclosure Saving Your Home
Just because you are behind on your mortgage it does not necessarily mean you will lose your house in a foreclosure. What happens often depends on how you respond to your situation and if you do so in a timely manner. Here are five mistakes to avoid that could help...
On behalf of Levitt & Slafkes, P.C. | Jan 23, 2020 | Foreclosure Saving Your Home
Many people call us wanting to know how long they have to file an answer to a foreclosure complaint that they have been served with. This blog will answer that very important question. A foreclosure action begins when the mortgage company files a complaint against...
by Levitt & Slafkes, P.C. | Sep 10, 2019 | Chapter 13 Bankruptcy, Foreclosure Saving Your Home
The right of redemption allows you to get back your home after a sheriff sale. Foreclosures in New Jersey are judicial which means that the lender must file a lawsuit to foreclose on your home. If your home has recently been sold at a Sheriff Sale in New Jersey you...
On behalf of Levitt & Slafkes, P.C. | Sep 3, 2019 | Bankruptcy Basics, Foreclosure Saving Your Home, Why Hire an Attorney?
Choosing a foreclosure defense lawyer is a very important decision and you want to get it right. Here are what we believe are the top 5 questions you must ask a foreclosure defense attorney before hiring them. Number 1: Are You Licensed to Practice Law in New Jersey?...
On behalf of Levitt & Slafkes, P.C. | Aug 28, 2019 | Foreclosure Saving Your Home
If you have been served with a foreclosure complaint who may notice that under defendants, (the person being sued) alongside your name on the complaint other “unknown” defendants are listed? We are often asked who are these unknown defendants and why are...
On behalf of Levitt & Slafkes, P.C. | Aug 14, 2019 | Foreclosure Saving Your Home
First of all, you should take any notifications that your get from your lender seriously. A Notice of Intention to Foreclosure is your lender telling you that because you are not current with your mortgage payments, the lender is planning to foreclose on your...
On behalf of Levitt & Slafkes, P.C. | Aug 7, 2019 | Foreclosure Saving Your Home
In New Jersey, after a mortgage lender has obtained a final judgment in foreclosure, they can schedule a Sheriff Sale of the property. If you are facing this situation, it is important to know that it will not happen immediately because a specific process must be...
On behalf of Levitt & Slafkes, P.C. | Aug 3, 2019 | Foreclosure Saving Your Home
If you go through a judicial foreclosure in New Jersey, but the sale price isn’t enough to cover the balance of your mortgage your lender can come after you for the deficiency following the foreclosure sale. What is a Deficiency After a Foreclosure? When a...
