
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...
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...
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...
Our Office received a call recently from a property owner who had New Jersey Bankruptcy Court decision which awarded a free house to a Chapter 13 Bankruptcy petitioner. He was convinced that the case he had read about was exactly...
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...
Freddie Mac has announced that the base interest rates on Freddie Mac Standard Loan Modifications and Streamlined Modifications will increase for the first time in several years effective April 14, 2015. See here. Effective April 14, 2015, the base rate...
For over three decades we have represented consumer debtors before the United States Bankruptcy Court and the Courts of the State of New Jersey. On occasion, the serious debt problems of our clients resulted from being deceived about money that...
The Truth in Lending Act, 15 U.S.C. §1601 et seq (TILA) was intended to protect consumers in consumer credit transactions and requires that lenders provide consumer borrowers with full disclosure of the terms and conditions of the loans they make,...
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...
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...
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...