Can I be Removed from my Home After a Monmouth County Sheriff Sale in a Foreclosure by an Order to Show Cause for Ejectment? Ejectment of a homeowner after a sheriff sale can be contrary to Equity and Law and may violate Due Process Rights. Once your home has been sold at a sheriff sale […]
The New Owner Of My House Is Claiming I Owe Money. What Do I Do?
I Am Facing an Ejectment Action From my Foreclosed Home. What Are My Rights? After the foreclosure process, when your home has been sold to a new owner at a sheriff sale, it is only a matter of time before you have to move. However, you still have rights that must be observed by the […]
What You Need to Know about VA Mortgages
What are VA Mortgages? Veterans Affairs mortgages, also known as VA Home Loans, help veterans get financing to buy a home through loans that are easier to qualify for than traditional mortgages. Some important information about VA Mortgages: They are available to all active military members, military veterans, and spouses of military members who died […]
Can Someone Other Than My Lender Foreclose on My Home?
Foreclosing Based Upon An Assignment of Mortgage? Sometimes we receive calls from homeowners who have been mailed a foreclosure complaint from a company they do not recognize. This usually means that your loan has been sold or the mortgage has been assigned. This type of mortgage transfer is legal, but the new company cannot foreclosure […]
Can a Short Payoff Stop a Foreclosure?
What is a Short Payoff? At the law office of Ira J. Metrick, we help homeowners stop foreclosures in a variety of ways. A relatively new method for resolving a foreclosure is a short payoff. This occurs when a lender allows the homeowner to fully pay off the mortgage for a reduced amount, for example […]
How Does Eviction After Foreclosure Work?
What Happens After a Sheriff Sale? Can the New Owner Walk In and Change the Locks? Once your home is sold at a Sheriff Sale, ownership of your home will only pass to the buyer when the full purchase price is paid and the deed is delivered from the Sheriff. Until the new owner has […]
NJ Foreclosures Are Moving Fast
FORECLOSURES DON’T TAKE YEARS IN NEW JERSEY New Jersey has the unfortunate distinction of leading the nation in foreclosures. In 2017, nearly 70,000 NJ properties were involved in the foreclosure process. Based upon the large number of old foreclosure lingering in the system, the average foreclosure appears to take years. However, new foreclosure are moving […]
Representing Yourself in a Foreclosure Case
If you are a Defendant in a foreclosure case in New Jersey, you have the option to represent yourself. Should you choose to go this route, it is important to realize that you must comply with NJ Court Rules. If you don’t comply with the rules, your case could end quickly. What To Expect if […]
Does Bankruptcy Entitle Me to an Automatic Stay?
IF YOU FILE 3 BANKRUPTCIES WITHIN ONE YEAR, THERE IS NO AUTOMATIC STAY AND YOU WILL NOT STOP THE FORECLOSURE What is an Automatic Stay in Bankruptcy? If your lender has obtained a final judgment in a foreclosure and your home has been scheduled for a sheriff sale, there are several options available to you […]
Can I Be Locked Out of My Home Following a Foreclosure?
Is The New Owner Allowed to Lock Me Out of My Home After Foreclosure? When the foreclosure process is over and your home has been sold to a new owner at a Sheriff Sale, you will most likely have to move. However, under New Jersey law, there are procedures the new owner must go through […]