New Jersey
Foreclosure Laws
If you are behind on your
mortgage payments, have been served with a notice of foreclosure
letter, or have been served with mortgage
foreclosure complaint, you have a very short time to respond.
New Jersey Foreclosure laws allow a homeowner and borrower only
thirty-five (35) days to response to a foreclosure complaint
once the complaint is filed. Any delay may make the situation
you are in worse, and if a borrower or homeowner fails to do
anything at all, they face the possibility of losing their home
without a fight.
If you are in this situation, we provide services to help you
keep your house including:
- foreclosure defense;
- bankruptcy;
- loan modifications.
If you would like to defend your
foreclosure action, the first step is filing an answer to the
complaint within the
thirty-five days allowed. This will prevent the court from
awarding your lender a default judgment, which will allow your
lender to
foreclosure on your property. After we file an answer to
the complaint, we recommend that all clients file for
foreclosure mediation. Filing an answer to the complaint
is still necessary even if you file for mediation, because if
the mediation is not successful your house will ultimately wind
up in a sheriff sale.
Mediation forms can be downloaded
below:
-
Certified Housing Counselor
Instructions
-
Foreclosure Mediation
Financial Work Sheet
-
Individual Instructions (For
Homeowners Seeking Mediation Who Have not Met With a Housing
Counselor)
Read articles on the subject of
foreclosure:
CLICK HERE FOR
OUR FREE BANKRUPTCY ASSESSMENT
CALL NOW TO SPEAK TO AN
ATTORNEY REGARDING YOUR NEW JERSEY FORECLOSURE -
(856) 751.4224
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