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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 drowning in debt, filing for bankruptcy may be the best solution for getting your finances back on track. You may wonder, however, what type of bankruptcy is right for you. While there are other kinds of bankruptcy, most individuals file under either Chapter...
For many people, the word “bankruptcy” has a negative connotation. However, bankruptcy can be extremely beneficial, as it can provide the relief you need to regain control of your financial situation. Bankruptcy is a complicated legal process, and there are some...
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,...
In today’s economy, renting an apartment or home is quite common. Nearly 40% of people in the United States are renters, and many of them are facing financial hardship. If you have lost your job or are experiencing other financial difficulties you may find yourself...
One of the most common questions debtors ask before filing for bankruptcy is whether they should stop paying their bills or other expenses. After all, if you are already struggling to make ends meet and anticipate having your debts discharged, it may seem like a waste...
No matter who you are, getting a call from a debt collector can be a daunting experience. Just because you owe a debt, however, does not always mean that you are legally obligated to pay it. Under the law, creditors have a window of opportunity to file a lawsuit to...
Given the current economic climate, many Americans are forced to consider what happens when you declare bankruptcy. Whether a job loss, illness, divorce, or another unexpected turn of events has you looking at bankruptcy, here's your guide to understanding the...