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Many people mistakenly believe that only "poor people" have their home foreclosed on. However, the foreclosure process affects all types of individuals and across a broad spectrum of income levels. Below are a few examples of wealthy and successful people who have...
We have all heard the stories of banks improperly foreclosing on homeowners and the "robo-signing" scandals. As a result, banks have been forced to re-examine foreclosures to verify that homeowners did not lose their homes as a result of falsified paperwork or other...
When you work with Levitt & Slafkes to defend you in a foreclosure lawsuit, you can be confident that we use every resource available to protect your home. Below are 7 ways to effectively fight a foreclosure action: Failure to have proper documentation. It is...
If you are struggling to pay your mortgage and trying to avoid foreclosure, you are likely considering filing for bankruptcy or attempting a short sale. Many clients ask which option is better. The answer depends on your unique circumstances, but below are a few...
I recently came across a CNBC article discussing how millions of Americans have their home stuck in limbo despite government programs meant to help them. Bank regulators ordered a national review of troubled loans, only for the government to cancel the review and...
Recent foreclosure statistics for New Jersey are alarming. While the rest of the country appears to be emerging from the recession in the housing market, foreclosures are still on the rise across New Jersey. CoreLogic shows the Garden State with the second highest...
If you are being threatened with the foreclosure of your home, it might be time to consider filing for bankruptcy protection. As soon as you file your bankruptcy case, the automatic stay is effective. The stay prohibits any collection activity, including a foreclosure...