The New Jersey eviction moratorium expired on November 15, 2021. What does that mean for New Jersey homeowners who have had foreclosure judgments against them? At the start of the pandemic, Governor Murphy issued Executive Order 106 which halted all evictions in the state. That Order had the effect of also halting all foreclosure sales….
When you’re facing foreclosure, you may find yourself targeted by many people who claim they have a solution to avoid foreclosure. Unfortunately, facing foreclosure gives rise to schemes and scammers that try to take advantage of homeowners going through foreclosure. Every year, unsuspecting homeowners fall for foreclosure frauds and foreclosure rescue scams. These frauds make…
Maybe you are one of those millions of people who is facing foreclosure and wondering, “Can I stop the foreclosure on my house?” Not only can you delay a foreclosure, but in some cases, you can stop foreclosure altogether. As a homeowner, you have certain options available for you to stop foreclosure, even if you…
Just because you’ve received foreclosure papers, doesn’t mean that you’re out of options. Foreclosure is a legal process that provides rights for both sides involved, which means that homeowners have as many rights during the foreclosure process as lenders do. If you’ve been recently served notice of a foreclosure, you’re probably feeling at a loss…
As a homeowner, you may be wondering what to do when you get served with foreclosure papers. Like many others, you might be tempted not to respond to the Notice of Intent (NOI), but that’s actually one of the worst things you can do. Unfortunately, many homeowners don’t know what they should do after receiving…
The 2020 pandemic harmed homeowners all over the country, making it hard for them to stay up-to-date on mortgage loans. In fact, the United States hasn’t faced a housing market like this since the Great Recession. Foreclosure filings have been on hold because of pandemic protections that stopped foreclosures from happening and allowed special forbearance…
Don’t get played. Mortgage servicers who are obligated to award CARES Act forbearance are facing what they perceive to be an existential crisis. If enough people demand their rights under the Act, the servicers will be faced with a MASSIVE annual hit because for the next year for everyone in forbearance the servicer has to…
I have been preaching for months about the crucial importance of obtaining CARES Act forbearance on your mortgage loan, if you are eligible. Here is the post explaining eligibility and how to obtain the forbearance under CARES. And here is a post from October explaining that if your mortgage is eligible for a forbearance, you…
The light is at the end of the tunnel, and the vaccines are eventually going to kick in enough to make a real difference and get us back to a ‘normal’ life, whatever that means. What I am reading from the science and medical journals is that we really cannot expect this pandemic to wind…
Division of Consumer Affairs The Division of Consumer Affairs is part of the state government and it is intended to devote its time to protecting New Jersey consumers from all kinds of financial abuse, including foreclosure. On foreclosures, at least, they really do not do a very good job of it. Some of their advice…