How The Banks Think & How To Outthink The Banks

How Banks Think: Banks know how the system works, how long it takes to ‘win’ a foreclosure case … how expensive it is to litigate a defended foreclosure case.  You should know this, too, which is why I created the Foreclosure Infographic. I’ve talked about this in my earlier newsletters and in several blog posts,…

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New Jersey Supreme Court Just Issued Its Second Omnibus Order

The New Jersey Supreme Court just issued its second Omnibus Order … here‘s what you need to know! The New Jersey Supreme Court has issued two emergent ‘Omnibus’ Orders related to Covid 19. The second, issued today, addresses foreclosure for the first time. Previously, Today, Where the CARES Act and Governor Murphy has pretty much…

How Mortgage Forbearances Work Under CARES Act For FHA Loans

A forbearance of payments on your mortgage may or may not be right for you. Here is a breakdown of the hidden pitfalls and opportunities built in that you need to understand before making this decision. FHA Back Mortgage Loans and Forbearance Postponing or reducing loan payments while interest continues to accrue is a forbearance. …

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CARES Act Protects Against FHA Forbearance Violations

What is RESPA and how does it relate to your mortgage, your FHA Forbearance, and the CARES Act? The Real Estate Settlement Procedures Act (RESPA) is the federal statute that governs the mortgage servicing industry and protects your rights under the CARES Act. It is an extremely complex and nuanced statute such that few New…

Beware of Debt Collectors Going After Your CARES Act Payment

Americans desperately need the CARES Act payments for food, rent, utilities & healthcare. Debt collectors could grab the money. Congress forgot to add an exemption to these funds the way they do for other public disbursements such as Medicare. Protect your money from the debt collection industry. Denbeaux & Denbeaux has teamed up teaming up…

Bankruptcy Warning

Bankruptcy, or not to bankruptcy, that is the question … Clients email me or come into my office and hand me stacks of letters from my so-called competitors, promising the sun, the moon and the stars. There are several attorneys out there who are sending letters encouraging you, New Jersey consumers fighting with creditors and…

What Happens When You Talk With Attorney Denbeaux?

You will be asked three questions: The first two are fact finding questions, so that I know the basic facts. The last question is empowering. That’s it. Think about it.  When, in this whole process, was the last time someone asked you that question? When was the last time in this process someone said to…

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What is New Jersey Foreclosure Mediation?

What is New Jersey Foreclosure Mediation? I created the video here addressing that question. If you want to understand further, the following is a deeper dive into the topic. So what is it? The foreclosure mediation program is a mediation handled through the court system and set up by Chief Justice Stuart Rabner of the…