New Jersey Foreclosure Lawyers
Homeowners facing foreclosure because of job loss, an illness or disability, or higher monthly payments are now receiving some help from New Jersey's courts and other government-sponsored programs. At Kates Nussman Rapone Ellis & Farhi, LLP, our New Jersey foreclosure attorneys provide representation and guidance to clients who are facing foreclosure.
If a foreclosure lawsuit has been filed against you, now is the time to act. You are not alone — while New Jersey no longer has one of the highest foreclosure rates in the country, thousands of foreclosure filings are sent to New Jersey properties every month. Your lender will not put your interests first. We will. Contact our lawyers in Hackensack, New Jersey, by calling 201-488-7211 today.
Foreclosure Mediation and Debt Negotiation
New Jersey courts offer a mandatory mediation program with a neutral person who will sit down with you and your lender with the goal of negotiating better terms for your mortgage, potentially allowing you to save your home. Even if you've ignored the lawsuit up to now, or feel you can do nothing to stop it, you still have the mediation option up to the time that your property is listed for a Sheriff's Sale. The worst thing a homeowner facing foreclosure can do is nothing.
If you're in default or soon to be in default of your mortgage payments, it's important that you contact the financial institution serving your mortgage as soon as possible and explain your situation. Doing this in writing will give you a record of your attempts to resolve the problem. You may be able to negotiate a lower monthly payment or a period of forbearance to give you some time to get a new job or overcome any illness or disability. Our New Jersey foreclosure lawyers can help you effectively negotiate with your lender and take steps to remedy the situation.
Contact Our Bergen County Mortgage Default Attorneys
You do not have to face foreclosure alone. For more information about how we can help homeowners, contact an experienced attorney at Kates Nussman Rapone Ellis & Farhi, LLP. A member of our legal team can review your case and discuss a short sale, repayment plan or your other options for responding to a foreclosure.
