Category Archives: Foreclosure

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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……
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Are We on the Brink of a Recession?

The good news: retail sales, industrial production and employment – all up. The U.S. economy doesn’t seem to be on the verge of a slowdown. Unfortunately, before each economic downturn, these three markers historically index higher, even breaking records just before falling. This is why forecasters are generally blindsided by recessions, because they tend to……
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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……
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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……
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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……
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