What Happens To Equity In Foreclosure During Divorce?

If you have equity in your home and are facing foreclosure, it’s understandable that you may wonder what will happen to your equity. The question of what happens to equity during foreclosure could be even more complicated if you’re also going through a divorce. Divorce and foreclosure can impact your equity. Foreclosure may pull from…

What Happens If A House Goes Into Foreclosure During Divorce?

Property division can be a complicated process during divorce. A lot goes into deciding which, if any, spouse gets the house and how the other spouse is compensated. Adding concerns about the house going into foreclosure can make property division even more difficult. There are a lot of important things that you should consider if…

Tax Liability and Foreclosure

Foreclosure can impact you in a lot of different ways. Something you might not consider as you’re going through foreclosure is how it could impact your taxes in the future. When considering everything that foreclosure can change, it’s important to consider what could happen after foreclosure and how it could impact your taxes. Foreclosure could…

Can You Avoid Foreclosure By Making Delinquent Mortgage Payments?

Foreclosure can be a stressful time. If you’re facing foreclosure, there are a lot of different options that can help you avoid foreclosure. Some options can even help you stay in your home while avoiding foreclosure. If you’re facing foreclosure or have received a foreclosure summons, it doesn’t mean that it’s a lost cause and…

What To Do If Your Mortgage Company Locks Your Account

Dealing with mortgage companies can be stressful, especially if your finances are tight. Struggling to pay your mortgage payments can make working with your mortgage company even more difficult and overwhelming. If you’re struggling to make payments, your customer service relationship with your lender can quickly take a turn for the worse. Having issues with…

What Is The New Jersey Judiciary Foreclosure Mediation Program?

Facing foreclosure can be scary. If you’ve received a Notice of Intent to foreclose or a foreclosure complaint and summons, you might not know how to save your home. You may have heard of the Foreclosure Mediation Program, which is available as an option for New Jersey residents. The NJ foreclosure mediation program offers a…

Be Careful of Loan Scams To Stop Foreclosure

Facing foreclosure can be stressful. The idea of losing your home to foreclosure can leave you scrambling for a solution to keep your home. You may have come across the idea of getting a loan to stop foreclosure. Still, as experienced foreclosure attorneys, we strongly caution anyone who thinks about pursuing that path to save…

NJ ERMA Mortgage Assistance Update

NJ ERMA is the New Jersey Emergency Rescue Mortgage Assistance program. This mortgage relief program is intended to help homeowners with COVID-19-related financial hardships keep their homes.  If you are eligible for ERMA, you could receive funds to help you make mortgage or fee payments to keep your home. Dealing with mortgage issues or struggling…