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A Foreclosure Defense Can Uproot Your Life
You may need a foreclosure defense law attorney in Forked River, NJ-serving clients throughout Monmouth and Ocean Counties.
When things become uncertain, the one thing you want to hold onto is your home. If that's taken away from you, you might feel like you've lost a battle. The Law Office of Joseph Albanese offers foreclosure defense law services in Forked River, NJ, and throughout Monmouth and Ocean Counties. We'll do everything we can to help you keep your home. Your situation is unique. That's why our foreclosure defense attorney will create a custom plan to help you.
Fighting a foreclosure is difficult, but working with the right foreclosure defense attorney makes it less stressful. Make an appointment today by calling our law firm in Forked River, NJ today. The sooner you act, the better the chances to save your home.
Do everything you can to save your home
What's your next move? Hiring the proper legal support is a good start. Our foreclosure defense attorney will:
- Learn about your specific situation
- Explain your options to you
- Create a plan that puts you in a good position
- Assist with all paperwork
- Be available to you when you need him
Learn more about our foreclosure law services now by calling 609-971-6200.
Understanding the Foreclosure Process in New Jersey
Receiving a foreclosure complaint does not mean you are out of options. In New Jersey, foreclosure is a court process, which means homeowners have time to respond and potentially stop or delay the foreclosure. After you are served with a foreclosure complaint, you generally have 35 days to file an answer with the court. During this time, it is important to speak with a foreclosure defense attorney to review your legal and financial options.
Depending on your situation, there may be several ways to prevent foreclosure or work toward a more manageable resolution. Acting quickly can make a significant difference in the outcome of your case.
Options That May Help Stop Foreclosure
Chapter 13 Bankruptcy
Filing Chapter 13 bankruptcy can temporarily stop foreclosure proceedings through an automatic stay. This option may allow you to repay missed mortgage payments over time while keeping your home.Loan Modifications
A loan modification may help homeowners lower monthly payments, reduce interest rates, or restructure the terms of the mortgage loan. We can help review whether you may qualify and assist throughout the process.Foreclosure Litigation
In some cases, lenders may fail to follow proper foreclosure procedures or documentation requirements. Foreclosure litigation may help challenge errors in the case and provide additional time or leverage to resolve the matter.Foreclosure Timeline After Receiving a Complaint
1. You Receive a Foreclosure Complaint
The lender officially files a foreclosure lawsuit and serves you with court documents.2. You Have Time to Respond
Homeowners typically have 35 days to file an answer or response with the court.3. Resolution Efforts Begin
This is often the stage where loan modifications, repayment plans, foreclosure defenses, or bankruptcy filings are explored.4. Final Judgment May Be Entered
If the foreclosure proceeds, the court may enter a final judgment in favor of the lender.Writ of Execution: Once the Sheriff gets the Order from the Court to hold the Sheriff Sale (Writ of Execution), the sale must be advertised or at least 21 days before it is held. The sale must occur within 150 days of receiving the Writ of Execution.
The homeowner can request the Sheriff to adjourn the sale for 28 days, two times.
5. Sheriff's Sale Scheduled
After final judgment, the property may be scheduled for sheriff's sale. However, there may still be legal options available depending on your circumstances.
