Category Archives: Foreclosure

Categories

Disadvantages of Going Through Foreclosure Without an Attorney

It is never easy to fall behind on your mortgage payments, especially when you are working so hard to meet them each month. If you fall far enough behind, the lender may begin the foreclosure process. This means your home will be sold at public auction, with the proceeds meant to cover some of the……
Read More


New Jersey Foreclosures: Vacant and Abandoned Property

The housing crisis in 2008 had many ripple effects throughout the entire nationwide economy but it also had significant repercussions in New Jersey. One of the ways that the New Jersey courts tried to abate many of the most problematic elements of the mortgage foreclosure crisis were through reforms and litigation designed to hold the……
Read More


Bank of America Pays $6 Million To Illegally-Evicted Couple

After a bitter eight-year dispute with Bank of America’s mortgage unit, a California couple lost their home in what they argued was an illegal foreclosure. They cited harassment by Bank of America and “related officials” as well. In 2014, the couple filed a suit against Bank of America Mortgage to end a “legal nightmare” that……
Read More


Hurricane Sandy Victims Offered Some Foreclosure Protection

Although it’s been awhile since Hurricane Sandy had made landfall in New Jersey, many homeowners are still trying to rebuild after the damage that occurred. Some of these homeowners are in the process of trying to get their home back and are being hit with foreclosure on top of their struggles. Earlier this year, Governor……
Read More


New List Deems New Jersey with Highest Foreclosure Rates

Owning a home has its many costs. Even for homeowners without a mortgage, the steadily increasing cost of property and state taxes has even made living in a paid off home a financially difficult task for many. Just last year, over one in 142 homeowners faced foreclosure for a variety of reasons. A new study……
Read More