New Jersey Foreclosure: 2020 Update
New Jersey Foreclosure: 2020 Update

New Jersey Foreclosure Process Several years ago, we published a post called New Jersey Foreclosure: From Complaint to Sheriff’s Sale which turned out to be one of our more popular posts. Since there have been many changes in the foreclosure...

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New Jersey Foreclosure:  Sheriff Sale Adjournments
New Jersey Foreclosure: Sheriff Sale Adjournments

Effective July 2019, Critical changes to NJ Law on Adjournments of Sheriff Sales For many years, New Jersey property owners who wished to adjourn - or delay - a Sheriff’s Sale of their property acted under a long-standing New Jersey...

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Foreclosure Q & A –  Why Are Children of a Deceased Parent Named  As Defendants in a Foreclosure Complaint  Against the Parent’s Home?
Foreclosure Q & A – Why Are Children of a Deceased Parent Named As Defendants in a Foreclosure Complaint Against the Parent’s Home?

Being served with a foreclosure complaint is an anxious experience for anyone, but in most cases it is not unexpected. The person served with the complaint knows that they have been served because the mortgage payments on their property are...

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NJ Foreclosure Defense:  Violations of the Truth in Lending Act (TILA) as a Defense to Foreclosure
NJ Foreclosure Defense: Violations of the Truth in Lending Act (TILA) as a Defense to Foreclosure

Violations of the Truth in Lending Act (“TILA”) as a Defense to Mortgage Foreclosure Limited to Three Years After the Date of the Loan The Truth in Lending Act (“TILA”) was enacted by Congress "to assure a meaningful disclosure of credit...

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New Jersey Foreclosure: Vacant and Abandoned Property
New Jersey Foreclosure: Vacant and Abandoned Property

As we all know, the housing crisis that begin in 2008 had many crippling effects on the U.S. economy as a whole and New Jersey in particular.  The New Jersey Courts attempted to combat many aspects of the mortgage foreclosure...

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Foreclosure Defense – Four Frequently Made Mistakes by Homeowners Seeking to Prevent the Loss of their Home
Foreclosure Defense – Four Frequently Made Mistakes by Homeowners Seeking to Prevent the Loss of their Home

Foreclosure defense and bankruptcy lawyers are - in one very important way - like plumbers.  It is almost always true that the sooner you hire one, the the better the result of the work they do.  People facing foreclosure often...

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New Jersey Foreclosure Rates Highest in Nation in 1st Quarter 2014
New Jersey Foreclosure Rates Highest in Nation in 1st Quarter 2014

The Mortgage Bankers Association, which monitors and reports on foreclosure rates, reported that New Jersey surpassed Florida as the state with the highest rate of "loans in foreclosure".   The report indicated that 8% of New Jersey mortgage loans were in...

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Debtors Seeking Bankruptcy Protection to Prevent Foreclosure Should Be Governed by Reason and Planning, Not Emotion
Debtors Seeking Bankruptcy Protection to Prevent Foreclosure Should Be Governed by Reason and Planning, Not Emotion

Careful planning before filing a bankruptcy petition often determines the outcome of the proceeding. For this reason, mammoth corporations and individuals who have very substantial assets devote as much time to planning for a bankruptcy filing as they do for...

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Chapter 7 Personal Bankruptcy Avoids Foreclosure Deficiency Judgments & Short Sale Personal Income Taxes
Chapter 7 Personal Bankruptcy Avoids Foreclosure Deficiency Judgments & Short Sale Personal Income Taxes

Chapter 7 Personal Bankruptcy Q & A: How Does a Chapter 7 Consumer Bankruptcy Effect Mortgage Foreclosure, Deficiency Judgments, Short Sales, Deeds In Lieu of Foreclosure & Personal Income Taxes. Mortgage Foreclosure - A Chapter 7 Bankruptcy Discharge DOES NOT...

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