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 lender...
Let Our 30 Years Of Experience Work For You
Foreclosure Saving Your Home
Effective Defenses to a Foreclosure Lawsuit
A defense is a reason why the Plaintiff (the Bank in a foreclosure lawsuit) should not win their case. You tell the Court your defenses when you answer the summons and complaint. You must then prove your defenses in Court. If you prove your defenses then the...
The Threat of Foreclosure
The threat of foreclosure can be an incredibly unnerving experience. Despite your best efforts, you have been unable to keep up with your mortgage payments, which has led to the stress of phone calls, notices, and threats that you will lose your home. And to make...
Common ways to stop the foreclosure process
When mortgage payments begin to pile up, it won't be long before your lender contacts you to find out what's going on. If you miss multiple payments, you can expect to receive a foreclosure notice by mail. Although this is scary, it doesn't mean you've lost your home...
Dealing with An Upside Down Mortgage
Homeownership is an expensive investment in your family's future. When you purchase a home, you do so with the expectation that it will appreciate in value. Otherwise, you would just rent. Sadly, many Americans find themselves in a position where the value of their...
How a Lawyer Can Keep You in Your Home
Foreclosure is the legal process that a lender may initiate when a debtor has missed numerous mortgage payments. This process is one that, if successful, allows a lender to force the sale of a home in order to satisfy the outstanding debt that is owed on the property....
How Does Eviction After Foreclosure Work in NJ?
For any homeowner, the prospect of foreclosure is a nightmare. You house is part of your American Dream, your biggest investment, and where your children sleep. Sadly, foreclosure happens a lot as people find themselves in circumstances where they are no longer able...
Staying in Your Home With A Mortgage Loan Modification
Homeownership is an essential element of the American Dream. There is a great amount of pride in picking out (or building) a home, raising your children there, and putting money into the house as an investment into your financial future. Unfortunately, home loans can...
The Consequences of Foreclosure
Purchasing a home is one of the most exciting times in a person's life. While it is a major financial investment, it represents much more than that for the security, stability, and future of homeowners and their families. Unfortunately, life is not free of hurdles or...
When Does it Make Sense to Hand Over Your Deed?
When a homeowner falls behind on their mortgage payments, it is very likely that foreclosure proceedings will soon follow. Struggling to make payments and facing foreclosure is all incredibly stressful and emotionally draining. However, you do have legal rights, and...