Stop Foreclosure in New Jersey
The farther you fall behind in paying your mortgage, the more likely you will face foreclosure. Before you lose your property, before you must find a new home for your children, possibly needing to move them to a new school system, before you’re only days away from a Sheriff’s sale, speak with an experienced foreclosure attorney about your options.
You can stop the cycle of debt and save your home. Contact the New Jersey law firm of Garland & Mason, L.L.C. to learn more about these options. We offer a free initial consultation with an experienced bankruptcy attorney. Call us at (732) 358-2028 or e-mail us today!
Foreclosure Does Not Mean You Failed
Accumulating unmanageable debt, falling behind in your mortgage, and simply not being able to make ends meet, does not mean you have failed as a person, a spouse or a parent. It does not mean you are a bad person. It is not a sign of weakness or defeat. There are many reasons why people fall behind in their mortgage payments. A sudden injury or illness, job loss or unexpected medical bills may compound an already precarious financial situation. Perhaps your interest-only or deferred-interest loan adjusted to current rates, and a once-affordable payment has now become unmanageable. Whatever the cause of your financial difficulties, you have options that can save your home and reduce your debt through bankruptcy and other available strategies.
Stopping Foreclosure Requires Prompt Action Now
Foreclosure does not happen immediately. The process can take months, and in today’s economy, it could take over a year for a lender to bring the foreclosure process to a Sheriff’s sale of your home. However, notwithstanding the delayed process, you cannot afford to wait to consult with an experienced bankruptcy and foreclosure attorney. Once the bank notifies you of the foreclosure, or that your loan has been categorized as pre-foreclosure, you must take action at once. Do not bury your head in the sand. Do not believe for one minute that the lender will understand your financial predicament and give you a break. They will not. You must take affirmative steps to protect your home, to protect your family and to act in your own best financial and personal interests.
In New Jersey, homeowners may have two statutory adjournments. This means you have the right to request two-week postponements. These adjournments, however, do not prevent a Sheriff’s sale — they only delay it. To stop foreclosure, it is essential that you request an adjournment and then contact Garland & Mason, L.L.C. right away. If the gavel falls at a Sheriff’s sale of your home, bankruptcy will no longer be an option for you.
Keeping Your Home May Be as Simple as Filing for Bankruptcy.
As a bankruptcy attorney and managing member of Garland & Mason, L.L.C., Gary L. Mason helps people like you save their homes and find new financial beginnings through bankruptcy. He knows one of the easiest ways to save a home from foreclosure is filing bankruptcy. As soon as you file the petition (and with certain exceptions for debtors who filed multiple bankruptcies within a certain period of time), an automatic stay becomes effective and stops all foreclosure proceedings.
You can stop foreclosure and save your home. You can once again take control of your financial life and free yourself of the stress, anxiety and uncertainty that accompanies your financial predicament. Contact Garland & Mason, L.L.C. today to schedule a free initial consultation for foreclosure help. Our office is handicap-accessible. It is just fifteen minutes from the New Jersey Turnpike and the Garden State Parkway. Parking is free.