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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...
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...
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...
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,...
Mortgage Forbearance 101 A mortgage forbearance is when your mortgage servicer or your lender allows you to stop or reduce your mortgage payments for a limited period of time. Your mortgage servicer is the company to which you send your mortgage payments. A mortgage...
Early on in the COVID-19 pandemic the New Jersey courts placed a hold on the entry of final judgments of foreclosure. That meant that although foreclosures were allowed to be filed, the cases could proceed only up to the filing of a motion for a final foreclosure...
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...
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...