Denial of your loan modification application is distressing, but it is not the end of the road.
What Happens if a Loan Modification Was Denied?
When a loan modification is denied, the original terms of your mortgage remain in effect.
Ira J. Metrick Attorney at Law LLC
Ira J. Metrick Attorney at Law LLC is a New Jersey-based law firm specializing in foreclosure defense, loan modifications, and related consumer advocacy. The firm provides legal assistance to homeowners facing mortgage foreclosure, sheriff sales, and issues with surplus funds after foreclosure. It offers guidance on navigating complex foreclosure timelines, repayment plans, and claims against lenders, including challenges related to zombie mortgages and federal tax lien notices. The firm publishes blog content aimed at educating New Jersey homeowners about foreclosure prevention options, legal rights, and procedural requirements such as probate for heirs claiming surplus funds. Its practice focuses on practical legal solutions to help clients retain their homes or recover funds.
Website:
https://metrickesq.com
Latest from Ira J. Metrick Attorney at Law LLC - Page 3
NJ Law Requires Deferral and Forbearance Agreements to be Listed in Foreclosure Complaints
By JSMTAdmin
NEW JERSEY REQUIRES THAT DEFERRAL AND FORBEARANCE AGREEMENTS BE LISTED IN FORECLOSURE COMPLAINTS
During Covid, many lenders offered Forbearance, or Deferral agreements, to temporarily pause or reduce loan payments. At the end of the Forbearance or Deferral Agreement, arrangements must…
When is it Too Late to Save My Home From Foreclosure?
By JSMTAdmin
Facing foreclosure is a stressful and daunting experience for homeowners. New Jersey
homeowners have specific rights and timelines to be aware of when trying to halt the
foreclosure process.
Whether it’s exercising the right to cure the default, challenging the…
My House Went Into Foreclosure, Now What?
By JSMTAdmin
We are a New Jersey Consumer Defense Law Firm that focuses on Defending Foreclosures and helping our clients get Mortgage Loan Modifications.
New Jersey Foreclosure can make you feel like you’re caught in a storm with no clear way out.…
Contact Us For Tax Lien Assistance
If a Tax Lien is stopping you from selling a property, refinancing a property, or conducting business that would allow you to make payment(s) to the IRS, we can help you contact them in order to seek and facilitate their
…
HUD Expands FHA COVID-19 Recovery Loss Mitigation Options for Defaulting Borrowers
The United States Department of Housing and Urban Development (HUD) has expanded the Federal Housing Administration (FHA) COVID-19 Recovery Loss Mitigation Options to include all borrowers in default or imminent default, regardless of whether they experienced financial hardship due to…
What Is An Offer in Compromise?
What Is An Offer in Compromise?
An offer in compromise is a type of federal tax lien resolution that is an agreement with the IRS that settles your liabilities for less than the full amount owed. Note that this option…
Can I Sell My Home To Stop A Sheriff Sale?
Many people believe that they cannot sell their home if it is scheduled for a Sheriff’s Sale or is being foreclosed, but the truth is that, as long as they have equity, they can sell their home to stop a…
How Does The IRS Determine How Much Someone Can Pay Towards Their Tax Debt?
If you have an IRS tax debt and want to resolve it for less than the total amount due or you need special payment arrangements, the IRS will require you to provide a budget to show how much you can…
Free Review of Notices of Intent to Foreclose in NJ
FREE REVIEW OF Notices of Intent to Foreclose and Notices of Intent to Accelerate
If you fall behind on your mortgage payments, you should receive a letter from your mortgage lender, by regular and certified mail, called a Notice of…