Foreclosure

Chapter 13 bankruptcy is not just a mechanism for debt restructuring—it’s also a crucial strategy for homeowners facing the distressing prospect of foreclosure or eviction. Chapter 13 bankruptcy offers a structured approach to not only halt these proceedings but also...

As the health and public safety concerns surrounding the Coronavirus (COVID-19) pandemic continue to increase, Gillman Capone, (Gillman Capone), is monitoring the situation closely. Our primary concern is the safety and well-being of our employees, family, community and clients. An...

Through our firm’s Thanksgiving Food Drive, this year we are looking to give back to those in need within our New Jersey community...

As federal and state governments continue to seek responses to the Coronavirus (COVID-19) pandemic, the federal government announced relief measures for mortgage delinquencies and a moratorium on foreclosure activities for certain mortgages. With the implementation in New Jersey of Executive...

As we all deal with the health and public safety issues relating to the spread of Coronavirus (COVID-19), there is little doubt that the economic impact may include unemployment rates of 20% and a surge in delinquent consumer debt.  Debt...

Congress has extended a valuable protection for New Jersey homeowners facing foreclosure by extending the Qualified Principal Residence Indebtedness (QPRI) exclusion for mortgage loan forgiveness. The QPRI may allow a homeowner who received a 1099 tax form for tax years...

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...

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...

Why Have Foreclosure Prevention Scam Artists Been Able to Convince Many Home Owners That They Would Save their Homes The foreclosure prevention scam described in the recent decision of the United States Court of Appeal for the Third Circuit, United...

Property owners who contact us because they are threatened by foreclosure often ask about the cost of our services. This is a perfectly reasonable question. The question that is almost never asked is what is the cost of not retaining...