If you have a loan with Loan Funder LLC and have defaulted, a recent court decision may help you stop your foreclosure and even recover money. Denbeaux Law recently won a major case in the New Jersey District Court against Loan Funder LLC for charging borrowers a default interest rate so extreme that it “shocked…
Most people are familiar with mortgage foreclosure, but many homeowners don’t realize that even if their mortgage is paid off, they can still lose their home to foreclosure if they don’t pay their taxes. In this article, we’ll break down the most important things you need to know about how tax foreclosures work, including what…
If you are behind on your mortgage payments and the bank forecloses on your home, the lender is entitled to recover what is owed, but they are not entitled to anything more than that. Unfortunately, we are seeing many cases in which scammers and predatory lenders are trying to steal surplus equity from innocent homeowners…
If you’ve recently gone through foreclosure or are in the foreclosure process, it’s normal to wonder, “Can you buy a house after foreclosure?” Many homeowners assume they won’t qualify for another mortgage after a foreclosure, but that’s not the case. Even after losing a home to foreclosure, it is still possible to qualify for another…
Even if you’ve defaulted on your mortgage and have entered into the foreclosure process, you have a right to reinstate your mortgage and save your home. In this article, we’ll break down everything you need to know about what a mortgage reinstatement is to help you determine if it is the best option for you. …
Because New Jersey is a judicial foreclosure state, all foreclosures must go through the court system before they can be finalized. As part of the legal process, each side will have the opportunity to gather evidence before the trial to help build its case. This is known as the discovery phase in a lawsuit and…
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 to New Jersey residents. The NJ foreclosure mediation program offers a way for you…
Most of the time, homeowners have the best chance to stop foreclosure before the sheriff’s sale happens. But if your home has already been sold, it’s not always too late. You still have a chance to get your house back through what’s called the foreclosure right of redemption. In this article, we’ll explain how New…
Even if you’re keeping up with payments on your first mortgage, falling behind on a home equity loan or home equity line of credit (HELOC) can still put your home at risk. Many homeowners don’t realize that defaulting on a HELOC can lead to foreclosure, even if their primary mortgage is paid. Because your property…
Lenders make mistakes or violate the law more often than you realize, which can hurt you financially and even lead to bankruptcy or foreclosure. In this article, we’ll break down the common reasons to sue a mortgage company, so you know what to look out for. If you believe your mortgage lender has participated in…