Help with Foreclosures in New Jersey
Bergen County · Hudson County · Passaic County · Essex County
Are you late on your mortgage payments?
Unsure if you can catch up?
Is the bank already threatening foreclosure?
Even with all the bad news about home foreclosures, you should not despair. Help is available — we may be able to help you keep your house or help with your financial obligations.
You may have several options to help you stop home foreclosure if you are experiencing a mortgage crisis. Our knowledgeable foreclosure attorneys can fully explain these options to you and help you decide which path is best for you and your family. If you are behind on your mortgage payments or already in foreclosure, contact the Law offices of Generoso Squitieri immediately to schedule an appointment with one of our lawyers.
Can I Avoid Foreclosure?
If you are three or more months behind on your real estate mortgage payments and have no options for getting a loan to cover the amount of past due payments, your finance company may start foreclosure proceedings. The bank will sell your house at a Sheriff’s sale to pay the mortgage, but you will still be responsible for any remaining balance on the mortgage that is not covered by the sale.
Your bank is not required to accept an amount less than the total amount of the mortgage.
However, if you file for Chapter 13 bankruptcy protection, you may be able to take back control of your mortgage payments and possibly keep your home. With a Chapter 13 bankruptcy, the court will develop a payment plan for you to pay off outstanding credit card debts, including your past due mortgage payments, over a three- to five-year period.
Many people refuse to even consider bankruptcy, believing that it will have a disastrous effect on their ability to rebuild their credit later. This is a bankruptcy myth.
Walk Away from Your Mortgage
If you are behind on your mortgage payments and cannot see a way to get back on schedule — you may want to simply "walk away." You cannot just walk away from personal liability without filing for Chapter 7 bankruptcy, if you qualify, to protect yourself from the bank’s efforts to collect what it is owed in any way possible.
Get Foreclosure Help — Now
Do not wait another day or suffer another phone call from your mortgage company. Get assistance from attorneys who understand the foreclosure process and how bankruptcy and other options such as loan workouts may be able to help you.
Personal Client Attention
Personalized attention is a unique feature of our New Jersey law offices. At the Law offices of Generoso Squitieri, we believe in offering responsive, knowledgeable and straightforward service. Therefore, all correspondence with our office will be with one of our attorneys, not support staff. For experienced representation, contact our Fort Lee law offices today.
Call (201) 282-5515 or toll-free at (866) 430-5528
Send an e-mail
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.