Zombie second mortgages can be a major concern that you might not even know about. With a zombie mortgage, you can risk losing your home if you’re unaware of the mortgage and don’t fight the foreclosure. It’s important to act quickly with a zombie mortgage to defend yourself from foreclosure and eviction. An attorney can…
Veterans Affairs (VA) loans have specific guidelines about loss mitigation and loan modifications that differentiate them from traditional loans. Unfortunately, it’s common for VA home loan modification guidelines to say one thing about loan modification implementation and for servicers to implement a different process or loan modification. Navigating the VA loan modification process can be…
AARP has joined a class action lawsuit about unlawful practices in adding unjust fees to elderly homeowner’s reverse mortgages. These unjust fees by reverse mortgage servicers can be costly and lead to foreclosure. Unlawful reverse mortgage practices can be a major concern. If you think you or a loved one may be experiencing illegal reverse…
Foreclosure can be complicated, especially if your homeowner’s or property owner’s association is foreclosing. New Jersey is a super lien state, which impacts lien priority in foreclosure. If you live in a condominium or house with an HOA or POA and are behind on payments or facing foreclosure, lien priority will come into play during…
Commercial property foreclosure is very different from residential property foreclosure. Few attorneys will work with defendants of commercial foreclosures because there are very few avenues to defend against one. Depending on the specifics of your situation, there may not be much you can do to fight a commercial foreclosure. However, at Denbeaux & Denbeaux Law,…
Bankruptcy is often talked about as a “simple” solution to issues with money or debt. While bankruptcy can be an option, it shouldn’t be your first choice in every financial situation. Bankruptcy isn’t a one-size-fits-all solution, especially if you want to avoid foreclosure. There are many negative consequences or side effects of filing for bankruptcy….
If you’re struggling with mortgage payments, it’s important to be on guard against fraud. There are many different ways that people or companies may try to take advantage of homeowners in difficult financial situations. You should educate yourself on common mortgage forbearance fraud tactics so you know what to be on the lookout for and…
Facing foreclosure can be stressful and overwhelming. Foreclosure has specific processes and procedures that can be confusing if you’re unfamiliar with foreclosure, one of which is a streamlined foreclosure process. A streamlined foreclosure is a specific process that can be difficult to navigate and speeds up the foreclosure timeline. An attorney can help you work…
Going through a divorce can be stressful. Divorce can overlap with home ownership issues and create mortgage issues or lead to foreclosure if you’re not attentive to what’s going on during your divorce or separation. If you’re facing divorce, you need to understand your mortgage situation and how to avoid foreclosure, especially if you’re facing…
Having legal difficulties over the ownership or responsibility of a property can be difficult and stressful. Owning a property with others can bring unique challenges and legal proceedings. Property disputes can be stressful, especially if there’s a mortgage on the property. In some cases, a property partition lawsuit may be your best option to avoid…