A foreclosure is one of the most stressful events a homeowner can go through. It is normal to feel a wide range of emotions and have a number of questions during this process. Keep in mind that if you are facing mortgage foreclosure in the state of New Jersey, a loan modification is your best chance at keeping your home. We have worked with countless homeowners throughout NJ that come to us wanting to know how to stop foreclosure.
Below you will find sample cases of homeowners facing foreclosure, THIS BUNCH CAN SUBMIT A LOAN MODIFCIATION APPLICATION TO TRY TO STOP THE SHERIFF SALE, AND IT DOESN’T MATTER HOW MUCH THEY OWE OR HOW LONG ITS BEEN SINCE THEY MADE A PAYMENT
Cindy
- Final Judgment Entered
- Denied for Loan Modification in 2012
- Has not applied for Loan Modification since 2014
Bobby
- Final Judgment Entered
- Denied for Loan Modification since January 2014
- Loan has been sold and has a new servicer
Jan
- Sheriff Sale Scheduled
- Has not been denied modification since January 2014
Peter
- Sheriff Sale Scheduled
- Has been denied for a modification since January 2014, but his loan was transferred to a new servicer since the Denial
Marsha
- Sheriff Sale Scheduled
- Has been denied for a modification since January 2014 but her hardship has ended.
- She has a new job and a roommate to contribute to expenses.
Greg
- Sheriff Sale scheduled
- Has been denied for a modification since January 2014, but denial was based on mistake
Want to learn more about foreclosure and the sheriff sale process? Check out our foreclosure timeline and our NJ sheriff sale timeline.
