Being in foreclosure can be very difficult and draining, but if there is equity in the home, you could be entitled to “Surplus Funds” after a sheriff sale.
Beware scams and scam artists who try to take large portions of
Ira J. Metrick's Law Blog
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Who Takes Ownership Of A Home After Death of Parents or Divorce?
Supporting Successor in Interest Claim in an NJ Divorce Property Settlement Agreement
When people get divorced, if one person wants to keep the home and be able to get a loan modification, they need to have specific language included in…
Am I Entitled to Mortgage Surplus Funds? (Updated 2022)
What are Mortgage Surplus Funds?
If your lender has obtained a Final Judgment of Foreclosure, they will attempt to sell your home at a Sheriff Sale and the money paid by the successful Bidder will be used to pay the…
Can I Stop Foreclosure On an Inherited Home?
How to Stop Foreclosure on an Inherited Home in NJ
If you inherited a home that is at risk for foreclosure or a Sheriff’s Sale, or if you are an heir or an owner of a property that is…
Lakeview Loan Servicing Data Breach
A significant breach of data has occurred at Lakeview Loan Servicing, putting the security and privacy of their clients at risk.
Unlike similar leaks that have plagued different companies over the years, the breach suffered by Lakeview presents a…
CFPB Takes Action Against Fay Servicing, LLC
As of February 8th, 2022, the Consumer Financial Protection Bureau (CFPB) took action against mortgage servicer Fay Servicing for failing to provide mortgage borrowers with the protections against foreclosure that are required by law.
The Bureau found that Fay “violated…
CARES Act Foreclosure Protections Ended December 31, 2021
As of December 31, 2021, the Federal Regulations preventing foreclosures for those who have federally-backed mortgages have come to an end.
Formerly provided by the CARES Act, these protections allowed for:
- A grace period from mortgage payments
- No new
…
What is a Lis Pendens in a New Jersey Foreclosure?
If you are facing foreclosure in the state of New Jersey, it is important to keep track of the steps in the process. This includes saving and responding to any foreclosure notices you receive in the mail, and being aware…
New Jersey Tax Sale Foreclosure Timeline
What is a New Jersey Tax Sale Foreclosure?
If you fail to pay your property taxes in New Jersey, the municipality will eventually hold an auction where either a third party or the municipality itself will buy the right to…
Can I Apply For An Additional Stay of Sheriff’s Sale Through the HAF?
On December 8, 2021, the New Jersey Courts Announced that Eligible NJ Homeowners Can Now Apply For Additional Stay of Sheriff’s Sale
The Supreme Court has authorized homeowners to request an additional stay for Sheriff’s Sales in residential foreclosures as…